Poland is among biggest beneficiaries of yesterday’s rally on global financial markets, as WSE’s primary indexes were stable at opening time, following a significant jump seen yesterday. Foreign capital is thought to be behind yesterday’s upturn, resulting in a strengthening of the Polish złoty along with the record-low interest rates on Polish bonds.
Shares in the biggest Polish companies benefited the most from the rally, while SMEs fell slightly and continue to do so.
Synthos jumped 1.3 percent this morning, while GTC rising by 0.8 percent. Kredyt Bank rose nearly 1 percent, shortly after its half year results for 2012 were announced. They showed a 30 percent fall in profits, though the bank still managed to surpass market expectations.
