Stock Markets June 12, 2026 11:35 AM

Warsaw Stocks Finish Higher; WIG30 Climbs 1.72% on Broad Gains

Basic Materials, Banking and Construction lead advance as mBank hits a record high

By Ajmal Hussain
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Poland's main equity benchmark, the WIG30, closed higher on Friday, rising 1.72% as gains across Basic Materials, Banking and Construction stocks lifted the market. Advancers modestly outnumbered decliners, with notable moves from MODIVO, KGHM and mBank among the session's top performers, while LPP, ORLEN and JSW were among the laggards. Commodities markets posted mixed results, with crude futures sliding and gold futures rising sharply.

Warsaw Stocks Finish Higher; WIG30 Climbs 1.72% on Broad Gains
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Key Points

  • WIG30 rose 1.72% at the close, led by gains in Basic Materials, Banking and Construction.
  • Top gainers included MDVP (+9.51%), KGH (+8.10%) and MBK (+6.23%); MBK reached an all-time high at 1,414.50.
  • Crude oil futures fell sharply while August gold futures climbed, and EUR/PLN and USD/PLN were essentially unchanged.

Summary

Poland's stock market ended the Friday session in positive territory, with the WIG30 index up 1.72% at the close in Warsaw. The day's advance was driven by sector gains in Basic Materials, Banking and Construction. Market breadth was tilted toward rising names, and several large-cap stocks produced sizable single-day moves.


Market close details

At the Warsaw close, the WIG30 index added 1.72% as investors pushed shares higher across several sectors. Rising issues outnumbered decliners on the Warsaw Stock Exchange by 288 to 263, and 87 stocks finished unchanged.

Among the best performers on the WIG30, MODIVO SA (WA:MDVP) led gains, finishing up 9.51% or 7.32 points at 84.30. KGHM Polska Miedz SA (WA:KGH) followed with an 8.10% advance, climbing 27.05 points to close at 360.85. mBank SA (WA:MBK) rose 6.23%, gaining 83.00 points to end the session at 1,414.50.

On the downside, LPP SA (WA:LPPP) was the weakest WIG30 constituent, falling 6.02% or 1,320.00 points to finish at 20,600.00. Polski Koncern Naftowy ORLEN SA (WA:PKN) declined 1.24%, losing 1.84 points to close at 146.84, while Jastrzebska Spotka Weglowa SA (WA:JSW) slipped 0.81% or 0.21 points to 25.71.

Notable milestone

Shares of mBank SA (WA:MBK) reached an all-time high during the session, rising 6.23% or 83.00 points to close at 1,414.50.


Commodities and FX

Energy markets moved lower on the session: crude oil for July delivery fell 3.58% or 3.14 to trade at $84.57 a barrel. Brent oil for August delivery declined 3.61% or 3.26 to $87.12 a barrel. In contrast, the August Gold Futures contract increased 3.07% or 126.10 to trade at $4,240.10 a troy ounce.

On foreign exchange, EUR/PLN was essentially unchanged, moving 0.04% to 4.24. USD/PLN was also flat, changing 0.07% to 3.66. The US Dollar Index Futures was down 0.16% at 99.69.


Key takeaways

  • The WIG30 closed up 1.72% as gains in Basic Materials, Banking and Construction supported the market.
  • Top individual winners included MDVP (+9.51%), KGH (+8.10%) and MBK (+6.23%), with MBK reaching an all-time high at 1,414.50.
  • Energy contracts posted steep losses while gold futures rose sharply, reflecting a mixed commodities backdrop.

Market breadth and context

Advancers outpaced decliners by a margin of 288 to 263 on the Warsaw exchange, indicating broadly positive sentiment across the listed universe despite notable declines among some large caps such as LPPP and PKN.


Notes

The facts, price levels and percentage changes reported here reflect the official close in Warsaw on Friday and the stated futures settlement prices for the referenced commodity contracts and currency pairs.

Risks

  • Declines in major energy contracts (Brent and crude) - could pressure energy-related equities such as PKN and impact the Basic Materials and industrial sectors.
  • Selected large-cap losers (LPPP down 6.02%) - concentration of weakness among a few heavyweight stocks could temper broader market gains in the Consumer and Retail sectors.
  • Volatility in commodities and currencies - mixed moves in oil and gold and modest FX shifts may introduce uncertainty for export-sensitive and import-dependent companies.

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