The WIG and WIG20 indices opened the day with clear gains. The status at 10.20 was an index increase of more than 1.5%. The WIG20 performed even better, gaining around 1.7%. This is partly thanks to banking: at the beginning of the session it was around 2-3 percent. share prices rose, among other things. PKO BP, mBank and Pekao (the entire WIG-Banki index rose about 2.3%), although, among others, they also performed well. Pepco, Kęty and LPP.
Donald Trump's victory in the US presidential election has not affected investor sentiment in major European markets. Germany's DAX and Britain's FTSE 100 index rose around 1.5%. France's CAC 40 grew more than 2%.
US election. Donald Trump wins, the stock market in Hong Kong slumps
Donald Trump's ambivalent lead in the evening (Polish time) affects stock prices in Asia. While Japan's Nikkei 225 ended the session up 2.6%, Korea's KOSPI lost about 0.5% and China's Shanghai Composite fell 0.1%. The worst performer was the Hang Seng index on the Hong Kong Stock Exchange, which lost more than 2.2%.
Futures contracts on Wall Street also rose. As PKO BP economists note, the growth leaders are small companies, which are considered potential beneficiaries of more protectionist trade policies.