Polish Stock Market Experiences Mixed Trend with Bearish Sentiment and Top Losers in Large Cap Sector

Aug 05 2024 01:03 PM IST

The Polish stock market is experiencing a mixed trend today, with one sector advancing and one sector declining. The top losing sector is Poland WIG, down by 3.35%, driven by PGE Polska Grupa Energetyczna SA and Globe Trade Centre SA. The advance decline ratio is at 0.12x, indicating a bearish sentiment. Despite the overall decline, some stocks are performing well, such as Spark VC SA, ALTUS SA, and LC SA. The Poland WIG index is currently trading at 78,915.84 with a loss of 3.35%. Investors are advised to closely monitor the market and make informed decisions.

Today, the market is seeing a mixed trend with 1 sector advancing and 1 sector declining. The top losing sector is Poland WIG, which is down by 3.35%. This decline is driven by the top large cap loser, PGE Polska Grupa Energetyczna SA, which is down by 5.87%. The mid cap sector is also facing losses, with Globe Trade Centre SA down by 4.66%. The small cap sector is not faring well either, with ENEA SA down by 7.00%.

The advance decline ratio across Poland WIG is at 0.12x, with 53 advances and 436 declines. This indicates a bearish sentiment in the market. The overall market sentiment is reflected in the Poland WIG Caps, which is down by 3.35%.

Despite the overall decline, there are some stocks that are performing well. The top small cap gainer is Spark VC SA, with a gain of 17.84%. This is followed by ALTUS SA with a gain of 14.29% and LC SA with a gain of 9.76%. On the other hand, the top losers in the Poland WIG index include Primetech SA with a decline of 32.50%, Image Power SA with a decline of 18.80%, and T&T Proenergy SA with a decline of 17.95%.

Currently, the Poland WIG index is trading at 78,915.84 with a loss of 2732.99 points, representing a decline of 3.35%. Investors are advised to closely monitor the market trends and make informed decisions while investing in the Polish stock market.

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