PGE gained 3.92%, and Orlen's share price rose 2.62%
mWIG40 fell 0.92%, while sWIG80 recorded a relatively smaller loss of 0.12%. Against the backdrop of a broad discount, fuel and energy companies stood out positively. PGE gained 3.92%, and Orlen's share price rose 2.62%.
The most important factor influencing global markets was the sharp rise in oil prices, triggered by the escalation of the conflict in the Middle East. Brent crude prices surpassed $100 per barrel yesterday, further heightening concerns about a resurgence of inflationary pressure. On Thursday we also learned of the European Central Bank's decision to keep interest rates unchanged. The deposit rate was held at 2.25%, and the refinancing rate at 2.40%.
Supply pressure was also visible at the largest foreign trading floors. The German DAX fell 1.77% yesterday, the French CAC40 lost 1.64%, and the British FTSE250 recorded a 1.25% loss. On Wall Street, a strong sell-off of technology stocks dominated after the release of quarterly results.
Alphabet fell 6.89% yesterday as investors were alarmed by the increase in planned capital expenditures, and Tesla dropped over 14% after weaker profit results and negative free cash flow. After the session closed, Intel announced clearly better-than-expected results both in revenue and profit.
Oil continues to rise
Friday trading will begin in a setting of noticeably weaker global sentiment. European investors will be mainly influenced by the strong discount of U.S. tech stocks and persistently high oil prices. Friday's calendar will be dominated by preliminary July PMI indices. In the morning we will receive data from Germany and the eurozone, and at 15:45 we will get similar readings for industry and services in the U.S. At 16:00, data on new home sales in the United States will also be published.
WIG20 and mWIG40
Budimex The contract for the Łódź node, Central Communication Port and Budimex signed an agreement to complete construction work at the Łódź Fabryczna junction chamber, which is the final element of the PKP PLK tunnel in Łódź. The value of the work under the contract is over 113 million PLN net. The agreement with Budimex will allow the continuation of interrupted construction work on the PKP PLK tunnel, and consequently also enable further implementation of the long-distance Port Poland tunnel, whose investor is the Central Communication Port company.
Grupa Kęty The sales expansion in France: Grupa Kęty began building local sales structures in France, establishing Aluprof France. According to the group’s strategy for 2025‑2029, 1.7 billion PLN of new sales should come from foreign markets. Currently, more than half of the group’s revenue comes from outside Poland. France is one of the leaders in building renovation in Europe. It also ranks among the top producers of aluminum profiles in the EU, and stringent regulatory frameworks reward suppliers with a documented low‑emission material base.
PKO BP The securitization of PKO BP’s loan portfolio involved a package of agreements concerning synthetic securitization carried out on a portfolio of corporate loans with a total nominal value of 8,500 million PLN. PKO BP stated that as part of this transaction it transferred a significant portion of credit risk from the selected securitization portfolio to an entity operating within the Christofferson, Robb _ Company investment structures.
SWIG80 and others
Astarta Astarta Holding’s sugar sales increased in Q2 2026, selling 92.6 thousand tonnes of sugar, a 28% year‑on‑year rise. The average sugar price fell 14% year‑on‑year. Corn sales volume in Q2 was 32.3 thousand tonnes versus 40.05 thousand tonnes a year earlier.
Eurotel The acquisition of treasury shares: The volume of corn sales in Q2 was 32.3 thousand tonnes versus 40.05 thousand tonnes a year earlier. These shares, with a nominal value of 5,781.60 PLN, represent 0.77% of the company’s share capital and give 28,908 votes at the general meeting, which is 0.77% of the total number of votes. Including this acquisition, Eurotel holds a total of 590,180 treasury shares, representing 15.75% of share capital.
NWAI Brokerage House Debut on the main market of the Warsaw Stock Exchange: The GPW Board adopted a resolution to admit NWAI Brokerage House shares to trading on the primary market, and the first listing of NWAI shares on the GPW main market will take place on Wednesday, July 29, 2026.
One More Level Price reduction of Valor Mortis: One More Level decided to change the recommended box price of the game "Valor Mortis" from 49.99 USD gross to 39.99 USD gross per unit. The premiere of "Valor Mortis" is scheduled for October 13, 2026. Scanway share issuance: The Scanway Board adopted a resolution to increase share capital through the issuance of 209,000 Series J shares directed to Jędrzej Kowalewski Family Foundation. The issue price of the new shares is 290 PLN.
Vigo Photonics No funding for the Vigo Photonics project titled "Detectors and Integrated Detection Modules for Industrial and Medical Applications Adapted for Surface Mounting" was approved after the appeal procedure under the European Funds for a Modern Economy 2021‑2027 program.
Wawel Continuation of trade cooperation: Wawel will continue its trade cooperation with Jeronimo Martins Polska. As announced, the owner of the Biedronka chain withdrew the sale contract termination from December 2022.
