WIG 20 shows "loose" signs of bear market

Thursday's session on the Warsaw Stock Exchange brought strong declines in WIG, WIG 20 and mWIG 40. After 14 consecutive sessions in a row, sWIG 80 ended with a slight increase. In the broad market, among others, Mabion and PlayWay showed growth. WIG 20 lost 2.1 percent at Thursday closing and amounted to 2,098.8 points. The blue-chip index has already lost 20.2 percent since the peak of the boom (2,630.4 points). According to Łukasz Bugaj, an analyst at DM BOŚ, a "loose" definition of the bear market has already been fulfilled. Among the blue chips, only PKN Orlen ended the session with a plus (+ 0.2 percent).