17:08 10 April 2025
WSE rises 100 points compared to Wednesday’s close
The 90-day suspension of tariffs (excluding China, which faced increased duties from 104% to 125%) sparked optimism on global markets. The S&P 500 surged 9.5%, while Warsaw’s WIG20 jumped up to 6.7% intraday before easing. Despite U.S. market volatility, the WIG20 retained gains by day's end. However, investor concerns resurfaced after the Warsaw Stock Exchange (GPW) issued a statement on “extraordinary market conditions,” though it clarified this wasn’t tied to Monday's rare trading halt.
Banks led the rally—PKO BP and Pekao rose over 7%. European markets also rallied, with Germany’s DAX up 7.4%. Analysts expect temporary rebounds, especially in blue chips, while concerns over China’s tariffs still impact companies like KGHM due to copper market dependency.
(pb.pl)
