5:31 31 July 2025
WIG hits record high
The Warsaw Stock Exchange closed Wednesday on a strong note, with the WIG index reaching a historic 108,896.66 points. The WIG20 rose 1.06% to 2,982.18, while the mWIG40 added 0.14% to 8,049.75.
Fashion retailer LPP led the gains, climbing over 4% after Vice President Marcin Bójko signaled potential margin improvements and profit growth in 2025. Analysts highlighted upbeat sentiment fueled by bank and consumer stocks, though Dino, Alior, and Budimex declined—the latter after cautionary comments on a challenging H2 outlook.
PKO BP will distribute PLN 6.85 billion in dividends (PLN 5.48 per share) on August 14, potentially trimming 30 points from the WIG20. Banks remain a market driver, with mBank and ING results due Thursday. Santander Bank Polska rose 1% as its Q2 profit hit PLN 1.02 billion, 12% above forecasts, amid ongoing strategic adjustments post-shareholder changes.
