Polish market sentiment shows long-term optimism despite short-term caution

The latest Parkiet Sentiment Index (INP) reveals a divergence between short-term and long-term outlooks for the Polish stock market. In the one-month perspective, the index stood at 48.9 points, down slightly from 49.8 points the previous week. This reading remains below the 50-point threshold, indicating a slight prevalence of pessimistic views among analysts, brokers, and managers.

However, long-term sentiment is improving. The long-term INP for Poland rose to 57.1 points from 56.5 points a week prior, suggesting that investors see potential for further gains despite current caution.

Similar trends are observed in the US market. The one-month INP for the S&P 500 returned to a neutral level of 50 points, down from 52.6 points. Conversely, the six-month outlook for Wall Street improved significantly, rising from 56.1 to 59.7 points.