Stock Markets February 25, 2026

Warsaw benchmark climbs to fresh record as materials, media and construction stocks lead gains

WIG30 closes up 1.61% with KGHM, CD PROJEKT and Budimex among session leaders; mixed moves in commodities and currencies

By Leila Farooq DNP
Warsaw benchmark climbs to fresh record as materials, media and construction stocks lead gains
DNP

The WIG30 index closed higher in Warsaw on Wednesday, rising 1.61% to a new all-time high. Advances were concentrated in Basic Materials, Media and Construction names, with KGHM Polska Miedz SA, CD PROJEKT SA and BUDIMEX SA posting notable gains. Market breadth favoured winners, while select retail and technology-related stocks lagged. Commodity prices and FX showed modest intraday moves.

Key Points

  • WIG30 closed up 1.61%, reaching a new all-time high.
  • Sector leadership came from Basic Materials, Media and Construction stocks; KGHM, CD PROJEKT and BUDIMEX were notable gainers.
  • Market breadth tilted positive with 299 advancers versus 234 decliners; commodities and FX showed modest intraday moves.

Poland's main stock index pushed to a fresh record at Wednesday's close as buyers lifted shares across several cyclical sectors. The WIG30 finished the session up 1.61% after gains were led by Basic Materials, Media and Construction stocks.


Top movers

The strongest performer on the WIG30 was KGHM Polska Miedz SA (WA:KGH), which climbed 6.24%, a rise of 20.10 points, to finish at 342.00. CD PROJEKT SA (WA:CDR) added 3.75% or 9.00 points, closing at 249.00, while BUDIMEX SA (WA:BDXP) gained 2.71% or 21.00 points to end the day at 797.00.

Lagging names

Not all constituents moved higher. Dino Polska SA (WA:DNP) slipped 2.08% or 0.86 points to 40.47 at the close. MODIVO SA (WA:MDVP) declined 1.89% or 2.15 points to 111.85, and Synektik (WA:SNTP) was down 1.47% or 4.40 points to 295.00.

Market breadth and milestones

Winners outpaced losers on the Warsaw Stock Exchange, with 299 advancing issues versus 234 decliners; 117 stocks finished unchanged. BUDIMEX SA (WA:BDXP) reached a 52-week high during the session, closing at 797.00 after a 2.71% gain.

Commodities and FX

Commodity markets showed mixed moves. Crude oil for April delivery was down 0.24% or 0.16, trading at $65.47 a barrel. Brent crude for May delivery ticked up 0.09% or 0.06 to $70.64 a barrel. The April Gold Futures contract rose 0.96% or 49.69 to trade at $5,225.99 a troy ounce.

On currency markets, EUR/PLN was effectively flat, changing 0.07% to 4.22, while USD/PLN eased 0.19% to 3.57. The US Dollar Index Futures moved lower by 0.12%, settling at 97.65.

Overall, the session closed with the WIG30 at an all-time high, driven by sector leadership in materials, media and construction and supported by a broad, positive market breadth.

Risks

  • Select large-cap names fell during the session, with Dino Polska, MODIVO and Synektik posting declines, indicating uneven sector performance that could affect sector-specific investors.
  • Movements in commodity markets - slight decline in WTI crude, modest rise in Brent and a near 1% jump in April Gold Futures - present price volatility that market participants will be monitoring.
  • Currency fluctuations, including a 0.19% drop in USD/PLN and a small change in EUR/PLN, add uncertainty for exporters and importers exposed to FX movements.

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