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Polish blue-chip stocks show strong growth in 2025

01.12.2025 13:30
Capitalisations of Poland’s largest companies are starting to attract attention across Europe, raising questions over whether the momentum will continue into 2026, Polish daily Rzeczpospolita reported on Monday.
Photo:
Photo:Julian Horodyski/Polish Radio

The newspaper highlighted that the WIG index has surged more than 40 percent this year, while the combined market capitalisation of both domestic and foreign companies in Poland has risen by nearly PLN 800 billion (EUR 189 billion), reaching PLN 2.28 trillion (EUR 539 billion).

Of this, PLN 1.1 trillion (EUR 260 billion) is accounted for by domestic firms, which have added approximately PLN 350 billion (EUR 83 billion) in value in 2025.

Rzeczpospolita noted that the strong performance is narrowing the gap between Polish companies and their European sector peers.

Allegro leads in e-commerce within Europe and ranks 21st globally, oil giant Orlen ranks 11th among European energy firms and PKO BP sits 22nd in the banking sector on the continent, according to the daily.

"After three very strong years, there are currently no signs indicating a change in direction," Bartłomiej Zalewski, investment director at BM Alior Bank, told the newspaper.

He cautioned, however, that higher corporate income tax for banks and declining interest rates may slow profit growth, potentially tempering the WIG20 rally.

Zalewski added that current valuations are "slightly above their 20-year averages, meaning we are still not significantly overvalued, particularly compared with international markets."

(ał)

Source: PAP, Rzeczpospolita