WIG 20 closes at 4,152.65 points after volatile session
Published on 11/02/2026 at 19:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWIG 20 ends lower after volatile session
- The index closed at 4,152.65 points on November 2, down 0.68 percent from the previous session.
- Bank shares led the decline, while buying interest late in the session reduced the intraday loss.
- Political uncertainty and weaker inflation expectations were cited among the factors weighing on Polish assets.
The WIG 20 ended the Warsaw session on Monday, November 2, at 4,152.65 points, down 0.68 percent from the previous close. The closing level and daily change were reported in the Warsaw Stock Exchange data release published by Strefa Inwestorow.
Late recovery limited the decline
The session was marked by pronounced intraday volatility. According to Bankier.pl, selling pressure pushed the index to about 4,108 points at around 15:30, equivalent to a 1.78 percent decline at that point. Demand returned late in the session and helped reduce the loss before the close. The broader WIG fell 0.82 percent, while the mWIG40 dropped 1.45 percent and the sWIG80 lost 0.95 percent.
Bank stocks remained the main drag
Financial companies were the most significant source of pressure within the blue-chip index. Bank Pekao fell 3.35 percent, PKO BP declined 1.94 percent, Erste Bank lost 1.80 percent and mBank decreased 0.77 percent, according to Bankier.pl. Other notable decliners included Pepco, down 2.87 percent, Tauron, down 2.86 percent, PGE, down 2.52 percent, Kruk, down 2 percent, and Orlen, down 1.42 percent.
The late recovery was broad enough to leave 11 of the 20 WIG 20 constituents higher by the close. KGHM led the gainers with a 2.22 percent increase, followed by Budimex at 1.42 percent. LPP rose 0.97 percent and Allegro gained 0.76 percent.
Political and rate expectations shaped sentiment
Bankier.pl reported that the decline in Warsaw contrasted with gains in several major overseas markets. Analysts cited renewed political risk linked to the dispute around Poland's Constitutional Tribunal, particularly ahead of a scheduled S&P rating review on Friday. The article also pointed to weaker-than-expected October inflation, which reduced market expectations for possible interest-rate increases and weighed on the outlook for banks' net interest margins. These factors provide context for the session's weakness, but do not by themselves establish a single cause for the index move.
For further coverage of the index, visit the WIG 20 topic page.
