Fragile stabilization at Warsaw Stock Exchange
Rynek Elektryczny, page 7, 28.02.2018
In February, the listing of the Electricity Market Index, reflecting the share prices of companies in the industry, fell by 0.5 percent. This is almost nothing compared to the discount that affected the entire market - WIG lost 6.6 percent. However, the divergence should not be surprising, because earlier in the second months the market grew like a yeast, and the electrical industry was in reverse (see chart). The stock market was damaged by the volatility jump at the turn of January and February, and the improvement in moods that followed this was not permanent. The ongoing season of financial results of companies for the fourth quarter also did not turn out to be an impulse to rebound. Concerns are growing that industrial companies will not be able to pass on the costs of salary and raw material growth to recipients. It strangles courses, especially for small and medium companies.