Orlen and Pekao's good results were insufficient to push the WIG20 index significantly higher, as market dynamics showed no clear direction on Thursday.
On Thursday, despite the positive financial results of Orlen and Pekao, the WIG20 index of the Warsaw Stock Exchange did not experience a significant increase, as the market lacked a clear direction. Bulls attempted to contest for higher levels throughout the day but faced substantial pushback from bears. The news was exacerbated by a drop in KGHM stocks and the strengthening dollar, which reached around 3.60 PLN, making the Polish market less attractive for international investors.
