WIG 20 falls 1.2 percent at midday as banks retreat before NBP speech
Published on 10/08/2026 at 13:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
WIG 20 fell 1.2 percent to 4,104 points at 12:27 p.m. CEST on October 8, as banks led a broad retreat after the Monetary Policy Council kept Poland's benchmark interest rate at 3.75 percent. The intraday level and move were reported by Puls Biznesu.
Bank shares were the main source of pressure, while Orlen performed better than the financial names, according to XTB. The decline followed Wednesday's 1.6 percent drop, when PKO BP, mBank and Pekao were among the weakest blue-chip stocks, according to Bankier.pl.
Polish rates and market environment
The Polish 10-year government bond yield stood at 6.38 percent at 12:21 p.m. CEST, up from the previous session, while the US 10-year yield was 5.35 percent at 12:22 p.m. CEST, data from Puls Biznesu showed. European equities were also lower at midday, with the DAX down 1.0 percent and the CAC 40 down 0.9 percent.
What comes next
NBP Governor Adam Glapinski is scheduled to hold a press conference at 3:00 p.m. CEST on October 8, addressing the previous day's rate decision and the outlook for Polish monetary policy, according to Nex Daily News. The next session is scheduled for October 9, 2026.
