Ultimately, WIG20 finished the day at 3611 points, a rise of 0.68%. Dino topped the table (+3.88%), while Tauron fell the weakest (-1.01%). Demand also prevailed among small and medium companies. mWIG40 rose 1.02%, and sWIG80 gained 0.74%. Sentiments on European exchanges were mixed. Investors awaited the appearance of central bank representatives at the annual European Central Bank forum.
ECB Council of Governors member Martin Kocher stated that future monetary policy decisions would either involve further rate hikes or keeping them unchanged. The French CAC40 fell yesterday by 0.79%, and the German DAX gained a modest 0.18%.
On Wall Street, sellers had the advantage. Shares of semiconductor companies fell the hardest, which can be linked to profit-taking after earlier strong gains. Micron and SanDisk shares fell about 10%.
U.S. labor market slows. Investors await key data and Fed moves
Yesterday we saw the ADP report on the U.S. labor market, which fell short of expectations. In U.S. firms, the number of jobs in June rose by 98k versus a 122k increase in the previous month. Market consensus had expected the ADP report to show a 120k job increase.
Today the markets will focus on the Thursday release of June U.S. labor statistics. Consensus assumes that non-farm employment rose by 110k jobs, and hourly wage growth accelerated to 3.5% from 3.4% in May.
At the same time, the unemployment rate stabilized at 4.3%. The state of the labor market could significantly affect future Fed decisions, so it will be closely watched by investors, especially after the recent conference of the new U.S. central bank chief, which was quite sharp.
WIG20 and mWIG40
KGHM The Sierra Gorda expansion: KGHM Group together with South32 Ltd. will invest in building a fourth grinding line at the Sierra Gorda mine in Chile. This investment will increase the plant’s processing capacity to about 60 million tonnes of ore per year from about 48 million (for 100% shares).
The completion of the plant expansion is planned for the end of 2029. KGHM said this is one of the most important investments outside Poland and a key element of the Sierra Gorda development strategy.
SWIG80 and others
AC Estimated revenue: AC estimates sales revenue in Q2 at about 58.5 million PLN, 8% higher year‑on‑year, while in the first half at about 103.3 million PLN, 3.2% lower year‑on‑year.
Atal Acquisition of shares: Atal acquired 100% shares in companies from the Budner Family Foundation: Budner Investments, Sunny Hills, BD 2, BD 3, BD 4, BD 5, and BD 6, for a total price of about 100.9 million PLN.
Enter Air Acquisition of Nekera: After obtaining the required regulatory approvals, Enter Air acquired 85% of Nekera travel agency shares. As stated, both companies will focus on further developing their core products and business lines. For Enter Air, this is chartering entire aircraft, and for Nekera, selling holiday packages to Polish tourists.
GPM Vindexus Dividend: The General Meeting of GPM Vindexus decided to pay a 5.8 million PLN dividend from 2025 net profit, which equals 0.5 PLN per share. The dividend date was set for July 6, and payment will occur on July 13, 2026.
Grodno Estimated results: Grodno Group estimates consolidated revenue in June 2026 at 120.8 million PLN, a 24% year‑on‑year increase. Renewable energy segment revenue rose 22% year‑on‑year to 32.4 million PLN, and e‑commerce revenue was 21.4 million PLN, 49% higher year‑on‑year. The June 2026 revenue growth of 24% year‑on‑year was linked to higher sales in the core distribution area and higher demand for electrical equipment, while customers remained highly active in the renewable energy segment.
Lentex Lentex share buyback: Lentex invites offers to sell up to 1 million shares at 12.5 PLN per share outside the regulated market. The offer period starts on July 6 and ends on July 13, with the expected transfer of ownership and settlement of the transaction via KDPW on July 20, 2026.
Mostostal Warsaw: The Mostostal Warsaw share issuance again proposes to the general meeting an issuance of 375 million to 520 million shares on a bearer series VI in a private subscription without the right of current shareholders to subscribe – as per the company’s NWZ projects, convened on July 29.
Urteste Patent in the USA: Urteste obtained a patent from the United States Patent and Trademark Office (USPTO) for an invention filed under the PANURI project, titled "Pancreatic cancer diagnostic marker".
