The weakest performers were KGHM shares (-5%), while the top of the table was Orlen (+1.2%).
The discount on the Warsaw market was slightly smaller than on other European exchanges. The German DAX fell by almost 1%, and the French CAC40 by 0.7%. Yesterday we saw preliminary PMI readings from the largest European economies. The industrial PMI for the euro zone fell to 51.3 points from 51.6 a month earlier and was below consensus (51.6 points). However, the services PMI improved, rising to 48.9 points from 47.7 in May, beating forecasts by 0.3 points.
However, the PMI for German manufacturing fell to just 46.8 points versus 48.1 a month earlier. Thus the index moved negatively away from the 50-point threshold that separates expansion from recession and took its lowest level in 43 months. The German services PMI fell to the 50-point boundary and is lowest since February last year. On Wall Street we observed yesterday a significant discount on technology stocks, especially those in the semiconductor sector.
Investors moved capital into more defensive sectors. In the U.S. markets, retail chain shares such as Walmart and pharmaceutical companies rose. The S&P 500 ended yesterday’s session down 1.44%, and the tech Nasdaq fell 2.21%.
Waiting for Micron’s quarterly report
Wednesday will be relatively light on data. Among the key items will be only the ifo index. Investors will, however, await Micron’s quarterly report, which will be released after the U.S. session closes today.
The memory‑chip producer’s shares have risen nearly 270% since the start of the year on the wave of growing demand from data centres.
Tomorrow the PCE data for May and the final GDP data for Q1 in the U.S. will be released. The week will end with the University of Michigan Report and the accompanying inflation expectations for the long and short term.
WIG20 and mWIG40
CD Projekt Name change The General Meeting of CD Projekt decided to change the company’s name to CD Projekt RED – as a result of the votes. The company’s name will be officially changed after the court registers the change in the statute. In the rationale of the resolution, the board stated that the proposal to change the company’s name to “CD Projekt RED Public Limited Company” is linked to the intention to unify the company’s name with that of the studio CD Projekt RED.
CD Projekt Reserve capital The General Meeting of CD Projekt decided to allocate the 2025 net profit to the company’s reserve capital – as a result of the vote. The company’s net profit for the 2025 fiscal year of 635.2 million PLN, reduced by about 25.7 million PLN, representing a negative value of retained earnings from previous years, shown in connection with the transformation of the comparative period data, i.e. about 609.5 million PLN, will be divided so that the entire amount is allocated to the company’s reserve capital.
GPW Dividend The GPW dividend board decided to allocate 142.7 million PLN for the 2025 dividend, which amounts to 3.40 PLN per share. The dividend date was set for July 23 2026, and the dividend payment date for August 6 2026.
Orlen Capacity reservation Orlen reserved capacity at the planned FSRU 2 terminal in the Gdańsk Bay. It added that, taking into account FSRU 1, FSRU 2 and the reservation at the Kłajpeda terminal, thanks to the Santaka interconnector, the group’s total LNG import capacity will exceed 16 billion cubic metres of natural gas after regasification annually.
Rainbow Tours Pre‑sale “Winter 2026/2027” Rainbow Tours pre‑sold the “Winter 2026/2027” offer to 34,901 people by June 19 2026, compared to 33,192 the previous year in the same period, an increase of about 5.1 % year‑on‑year. It was noted that the value of the sold offer will be recorded in the company’s sales revenue from November 2026 to March 2027.
11 bit studios Interview 11 bit studios assumes that the release of the “Breach of Trust” add‑on for “Frostpunk 2” will be visible in the Q2 results – the PAP Business COO and CFO Piotr Bajraszewski said. He maintained the release date for the third add‑on to the game at the end of 2026.
• “As a listed company we do not publish detailed sales forecasts or expectations for conversion rates (attach rate) for individual games and add‑ons. However, it is important to remember the specificity of our sales model – a large part of the Frostpunk 2 player community will receive the DLC as part of the already purchased Deluxe Edition, which gives it a very wide reach from day one.” – said PAP Business, Bajraszewski.
• On the other hand, the Deluxe Edition attach rate, i.e. the percentage of new buyers who immediately opt for the Deluxe edition, is important long‑term, because even with deeper promotions it significantly increases ARPU – we hope the add‑on well received by players will maintain high conversion.” – he added.
• He noted that “Breach of Trust” is an add‑on that develops the Frostpunk 2 world in a more narrative and bold way than before.
• When asked when the release of the second DLC for “Frostpunk 2” will be visible in the results, he said: “It will already be visible in the reports for Q2/first half of 2026.”
SWIG80 and others
CI Games Release date change The release of Lords of the Fallen 2 is planned for Q1 2027 – CI Games said in a statement. The original release was scheduled for fall 2026. “As development progressed, the company identified significant opportunities for further improvement and strengthening of LOTF II quality. The additional time allocated for development will allow further integration, iteration and refinement of selected elements, enabling the delivery of the game at the highest possible quality on the planned release date. The updated release window also allows strategic positioning of LOTF II outside the highly competitive holiday period.” – the company said.
Elektrotim Most favourable offer The Elektrotim offer of 34.19 million PLN net was selected as the most favourable in the procedure conducted by Tauron Distribution for the task “110/15 kV Słomniki power station modernization, design‑and‑build mode.”
Elektrotim Most favourable offer The Elektrotim offer of 29.25 million PLN net was selected as the most favourable in the procedure conducted by Tauron Distribution for the comprehensive modernization of GPW 110/20/6 kV Jaworzno.
Polish Foundries Dividend Polish Foundries will pay 9.04 million PLN in dividends from the 2025 net profit, i.e. 0.45 PLN per share. The dividend date was set for July 17, and the dividend payment date for July 31 2026.
Robyg IPO price The issue price of one share in Robyg’s public offering was set at 34 PLN. This means the offer value will be 1.178 billion PLN, and the company expects to raise 328 million PLN gross from investors through the issuance of new shares.
