Polish equity indices posted mixed results on Thursday. The WIG20 benchmark gained 0.39% to close at 4,035.53 points, but the broader WIG fell 0.06% to 152,069.91 points. Smaller indices declined: the sWIG80 fell 0.40% and the mWIG40 dropped 1.55%. Trading volume reached 2.8 billion zloty.
XTB tumbles on shareholder exit
XTB shares fell nearly 10% after the company’s dominant shareholder sold an 8% stake at 160 zloty per share before the session opened. This represented a sharp discount to Tuesday’s closing price of 182.76 zloty. XTB trading volume hit 515 million zloty. Year to date the stock has gained 125%.
The selldown marked a significant change of posture by the major shareholder, though no suggestion of broader distress emerged from company disclosures or market moves in other holdings.
Energy and smaller caps lead gainers
XTPL shares rose 15.7% following Tuesday’s announcement of a planned share issuance to a Taiwanese investor at 65 zloty per share. PGE energy shares gained 3.2% on Thursday after rising 7.8% on Wednesday. The WIG-Energia sector index climbed 1.7%. Minister of Finance Andrzej Domański said the government was discussing forms to return surplus fuel-sector profits to Poles, potentially through higher dividend levels, after the president vetoed an earlier proposal. The 2027 budget plan targets 13.9 billion zloty in dividend income. WIG-Banki rose 0.15%, while CD Projekt gained 0.65% and KGHM climbed 2%. Bogdanka coal shares advanced 2.4% and JSW rose 2.2%.
Copper prices, which drive demand for Polish mining output, traded above 14,000 dollars per tonne with forecasts reaching 15,000 dollars per tonne. Copper has risen more than 14% on the London Metal Exchange since the start of 2026.
Related: Polish stocks fall as oil rises, Orlen hits record
Source: XTB








