22:13 13 February 2025
Warsaw stocks hit new highs
The Warsaw Stock Exchange's bull market persists, with WIG20 closing Thursday at 2,594.92 points, up 1.02%—its highest in over seven years. WIG also reached a record, briefly exceeding 93,000 points. Foreign capital continues to flow into Poland, spurred by hopes of peace talks between the U.S. and Russia, which could ease geopolitical risks.
Orange Polska led gains among blue chips, rising 4.1% after announcing a 10% dividend increase. Budimex climbed 3.6%, and PKO BP hit a record high above PLN 70. Ukrainian companies surged, with Kernel up 26%.
Despite positive stock trends, economic data showed slower-than-expected GDP growth. Real estate stocks remained steady after the government outlined a housing strategy prioritizing municipal projects. Strong market turnover exceeded PLN 2.1 billion, with WIG20 stocks dominating, highlighting foreign investors' influence. Since January, WIG20 has surged over 18%.
