Economy
0:39 15 January 2025
Post by: WBJ

Warsaw Stock Exchange rebounds

Warsaw Stock Exchange rebounds

The Warsaw Stock Exchange (WSE) indices rose on Tuesday, reversing Monday's losses, driven by strong performances in grocery chains, coal companies, and banks. The WIG20 closed at 2,238 points (+0.75%), with WIG (+0.61%), MWIG40 (+0.31%), and SWIG80 (+0.35%) also gaining.

Dino Polska led the WIG20 with a 3.14% increase, while mBank (+2.74%) and Pekao (+1.74%) performed well among banks. Orlen's shares rose by 0.48%, with trading volumes reaching PLN 148 million. However, Pepco (-1.19%) and JSW (-1.11%) recorded declines.

Mid-cap winners included Eurocash (+6.08%) and Inter Cars (+3.09%), while Ryvu Therapeutics plummeted by 10.42%. Bumech continued its New Year rally, gaining 1.72%, while Bogdanka fell 3.06% amid union unrest.

Positive global market sentiment, including eased U.S. inflation data, bolstered the session, alongside speculation over coal market dynamics linked to European energy shortages.

Source: bankier.pl


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