WIG20 closes 1.69% higher near October peak
Published on 11/12/2026 at 18:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWarsaw buyers regain the initiative
- WIG20 closed at 4,279.50 points on November 12, gaining 1.69% from Tuesday's close.
- Allegro led the blue-chip advance after stronger-than-expected quarterly results and higher full-year guidance.
- Energy, oil and gas, and banking stocks added broad support, while the index finished close to its October peak.
Poland's WIG20 finished Thursday's session at 4,279.50 points, rising 1.69% from Tuesday's close of 4,208.46 points. The benchmark resumed trading after Wednesday's public holiday and ended close to its October peak. The closing level and the 17:15 Berlin time market snapshot were reported by Bankier.pl, while the previous session's close is also recorded by GPW Benchmark.
Strong rebound after holiday break
The index opened at 4,221.79 points and traded between 4,215.01 and 4,285.04 points, according to the Bankier.pl market table. The move represented a sharp recovery from the previous session's level, with the WIG20 closing only narrowly below the October high-water mark. Market commentary from Parkiet described the advance as Warsaw catching up with gains posted by other markets while the local exchange was closed on Wednesday.
Allegro leads blue-chip gains
Allegro was the strongest WIG20 component, gaining 5.09% on heavy turnover. Bankier.pl reported that the online retailer's third-quarter results exceeded analyst expectations and that the company raised its full-year 2026 forecasts. The report cited adjusted EBITDA of 1.13 billion Polish zloty, revenue of 3.4 billion Polish zloty and net income of 574.7 million Polish zloty for the quarter.
Energy and fuel stocks provided additional momentum. PGE rose 4.15%, Tauron gained 3.47% and Orlen advanced 3.39%. The sector picture was similarly strong: the WIG-Energy index climbed 4.28%, according to the Bankier.pl session data. Several banks also finished higher, including Alior Bank at 3.73%, mBank at 3.10% and Erste Bank at 2.11%.
International backdrop remains mixed
Parkiet attributed part of the supportive mood to gains in European markets and a strong rebound in major U.S. indexes during the preceding session. The publication also noted that investors had become more accustomed to the prospect of a December Federal Reserve rate increase. Later in Thursday's session, pressure on Nvidia weighed on the international backdrop, but Warsaw retained most of its earlier gains.
Fifteen of the 20 WIG20 constituents ended higher, according to Bankier.pl. Pekao, Kruk and KGHM were among the weaker components, limiting the breadth of the advance. The index's approach to the October high leaves the next direction dependent on whether buyers can convert the recovery into a sustained breakout rather than another test of the recent range. More WIG20 coverage is available in the dedicated topic.
