On Thursday, the Warsaw Stock Exchange (GPW) opened quietly, with the WIG20 and WIG indices showing slight losses after a successful trading day prior. The WIG20 had previously reached its highest levels in the current bullish trend, indicating a potential long-term advantage for buyers. However, as the day progressed, the mood shifted dramatically in the second half of the trading session. Following the opening of U.S. markets, significant decreases were observed, with the Nasdaq and S&P 500 indices falling sharply by 1.8% and 1.06%, respectively, which had a ripple effect on other markets worldwide.

By the afternoon, the WIG20 index had lost 1.23%, effectively erasing nearly all gains made the previous day. Interestingly, while the large-cap indices struggled, some mid-cap and small-cap stocks performed differently, with the mWIG40 index gaining ground. This resilience was attributed to sectors such as energy, as well as positive performances from companies like Rainbow Tours, Wirtualna Polska, and Cyfrowy Polsat. This divergence in performance highlights the complexities of the current market environment, where not all sectors or company sizes are reacting the same way to external market pressures.

The overall sentiment on the WIG20 seemed weak throughout the morning, suggesting ongoing concerns among investors, which were exacerbated by international market dynamics. As Wall Street's rapid sell-off continued, it led to increased caution across global markets, emphasizing the interconnected nature of financial indices and the need for traders to monitor these developments closely.