Summary of Polish Stocks and Market Trends

On February 3, 2026, Polish stocks demonstrated significant gains, with the WIG20 index surging by 2%, reaching a level above 3,440 points. This performance positions the WIG20 as the best-performing benchmark in Europe for the day, reflecting a positive sentiment in the market.

Market Drivers

The upward movement in the Polish stock market is attributed to improving sentiment surrounding U.S. equities and a stabilization in the U.S. dollar index. This has led to increased foreign inflows into the Polish market, particularly evident in the WIG-Banks sector, which rose by over 2.5%.

WIG20 Index Performance

The WIG20 index has shown remarkable growth, with an annual increase of nearly 44%. A critical resistance level to watch is the psychologically significant 3,500 mark, which traders are keenly observing.

KGHM Stock Analysis

KGHM, a major player in the mining sector, has seen its shares rise more than 20% from recent lows, currently trading about 15% below its all-time high. The stock's Relative Strength Index (RSI) has decreased from 80 to 57, indicating potential for further price recovery as it cools off from overbought conditions.

Additional Market Insights

Other notable market movements include expectations surrounding AMD's Q4 results, which are anticipated to be a significant indicator for the CPU, GPU, and AI sectors. Additionally, European stocks have reached fresh record highs, buoyed by a resurgence in gold and silver prices, with technology stocks leading the charge.