SAFE napędza spółki z GPW. Iran wystraszył szeroki rynek

Warsaw’s main equity indices fell on Monday as geopolitical tensions in the Middle East triggered a broad sell-off, while defense-related stocks surged following the SAFE program.

The WIG20 index dropped 1.52%, with the broader WIG index falling 1.42%, as investors fled risk assets after Iran announced it was breaking off negotiations with the U.S. and threatened to block key maritime routes. The defense sector led gains, driven by Lubawa, which jumped 31.15% after its consortium signed a 586 million zloty contract for masking systems under the Wisła II program, alongside Comp and Atende. Conversely, the retail sector faced pressure, with LPP falling 4.69% and Dino and Żabki dropping over 3%, while energy stocks including PGE and Tauron declined. Foreign markets also retreated, with the FTSE 100 down 0.9% and the DAX falling 0.5%, as oil prices spiked and the dollar strengthened.

Turnover on the Warsaw Stock Exchange totaled 2.14 billion zlotys, with 1.59 billion zlotys concentrated in WIG20 components. KGHM led blue-chip trading with 230.45 million zlotys, followed by PKO BP at 208 million zlotys and Orlen at 184.6 million zlotys. The small-cap segment, represented by the sWIG80 index, bucked the downward trend, gaining 0.66% and reaching a new historical high of 32,448.86 points. On the downside, Newag was the worst performer in the mWIG40 index, falling 7.93%, while Creotech Quantum dropped 7.5% despite a monthly gain of over 50%. PlayWay reported better-than-expected first-quarter net profit of 35.6 million zlotys, contributing to a 1.84% gain.