Polish Market Experiences Mixed Day with Bearish Sentiment and Sectoral Divide
The Polish market is experiencing a mixed day, with the WIG index showing a decline of 2.08%. The advance-decline ratio for the WIG index stands at 0.63x, with 166 advances and 264 declines. This indicates a slightly bearish sentiment in the market.
Among the top gainers in the WIG index are Reinhold Europe AB, Nexity Global SA, and Termo2Power SA, with gains of 37.27%, 30.88%, and 27.27% respectively. On the other hand, HM INWEST SA, LuON SA, and Primetech SA are the top losers, with declines of 47.92%, 47.37%, and 32.50%.
The market is also seeing a sectoral divide, with only 1 sector advancing out of a total of 1 sector. The top losing sector is the Poland WIG, which is down by 2.08%. This indicates a broad-based decline in the market.
In terms of individual stocks, Orange Polska SA is the top large cap gainer, with a gain of 0.21%. Spark VC SA is the top small cap gainer, with a gain of 17.84%. On the other hand, mBank SA is the top large cap loser, with a decline of 4.90%. Globe Trade Centre SA and CCC SA are the top mid cap and small cap losers, with declines of 1.95% and 11.04% respectively.
The overall market sentiment is reflected in the Poland WIG index, which is currently trading at 98,722.91 with a loss of 2.08%. This indicates a bearish trend in the market, with the index down by 2092.99 points. Investors will be closely watching the market for any further developments and potential opportunities.