Warsaw Stock Exchange shows divergent trends among major companies

The Warsaw Stock Exchange (GPW) is showing significant divergence among major companies. JSW has seen a surge of over 31% since late July, driven by a 27% increase in coking coal prices and a return of the Norwegian Sovereign Wealth Fund to its shareholding.

In contrast, Kruk experienced a nearly 10% drop in two days following a decline in second-quarter net profit to 292.33 million PLN from 332.39 million PLN the previous year. Other notable movements include Dino, which rebounded 37% after a significant previous decline, and Orlen, which has been consolidating between 145 and 157 PLN.

Market data also indicates a growing specialization within the Polish capital market. While foreign investors dominate the main market, domestic individual investors maintain a strong presence, particularly on the NewConnect market where they hold an 84% share of turnover. The number of brokerage accounts in Poland has risen to over 2.91 million, with active accounts exceeding 444,000.