2015-03-15 20:25 Przemysław Lawrowski , an analyst Money.pl Author: Przemysław Lawrowski 
Passionate about financial markets. Submit a long-term investment over short-term speculation. Followers of fundamental analysis, however, does not despise information stemming from technical analysis. Adheres to the theory that the investment decisions emotions are bad counselor.
The new week will be full of the results of large companies in the Warsaw Stock Exchange. KGHM will begin a series of reports and PKO BP. Before investors also changes in the Warsaw stock indices and the Fed statement after the meeting at which decisions are taken as to the fate of US interest rates.
WIG 20 at the end of last week’s at the level of 2303 points, which is a result not seen from the end of January. At the beginning of the week will be published reports of two large companies, which may change the negative image of the index.
Copper giant over the last five sessions lost more than 4 percent. A single action is priced at 114 dollars. Company’s stock price fall since early September last year. At this time, become cheaper 14.5 percent. According to analysts at PKO BP brokerage house, the results for the fourth quarter of 2014 years will help high level of sales of copper and silver. According to forecasts, the company sold respectively 160,000 and 340,000 tons.
Unfortunately, bounced finance company probably falling by 2014 the price of copper. In January this year, quotes red metal were the lowest since July 2009. However, may be counterbalanced weak zloty against the dollar. The US currency is currently the most powerful in relation to gold for 11 years. The key is the impact of the company’s flagship project – Sierra Gorda. In March, the company estimated the cost of the expansion project at 1.5-2 billion. President of Quadra FNX Mining announced that the company’s objective is to achieve by 2020, half of the annual contribution level of profit before tax excluding the costs of depreciation of foreign assets.
DM PKO BP Analysts predict that in the fourth quarter, the company earned $ 660.5 with respect to 813 million million in the same period last year, which gives a 19-percent drop. Minor reductions have a note of revenue, which is forecast to be lower by 3 percent. In the case of the result for the entire 2014 years the trend has to be reversed. Weather PKO BP indicates a 21-percent drop in net profit (2,408.5 million net profit in 2014) and a 31-percent drop in revenue.
The new week will be abounded in the results of large companies from the WSE. Series of reports …
On the other hand, PKO BP last week gained 0.76 percent. Company after a sharp increase in quotations from the fourth and fifth day of March, more aspires to return to growth. In the fourth quarter of 2013. grossed 938.7 million. The average forecast of analysts indicates that in the last three months of last year, net profit was 682 million, resulting in a decrease of 27 percent. According to forecasts of net interest income increased year on year by 7 percent, and net fee and commission income fell by 11 percent.
Much better than the blue-chip index cope this year and sWIG80 mWIG40. Indicator medium-sized companies and small companies have grown this year as much as 10 percent.
His financial results on Monday also publish Azoty Group listed in mWIG40. The results will help improving the company’s sales of fertilizers. In the fourth quarter of 2013. The company incurred a loss of EUR 44.6 million. A slight recovery should result in an improvement in its finances. According to analysts, PKO BP’s net profit in the last three months was 23 million. At the annual level, the company should earn 226 million, which gives a decrease of 67 percent compared to the profit of 2013.
Also in this week’s financial results show such companies as: PZU, Synthos, BGZ, AmRest JSW or Boryszew.
The following days will also abound in the data from the Polish economy. CSO on Monday publish information on core inflation. For market data are not very important, but not the MPC pays a lot of attention, when regulating its monetary policy. Know if the deflationary trend is confirmed. Inflation excluding food and energy prices may be positive, since a large part in the recent decline in prices is these elements played the inflation basket.
On Tuesday scheduled reading in employment and wages, and on Wednesday, industrial production and retail sales.
On Friday the Warsaw Stock Exchange has published a list of changes in the indices, within cokwartalnego review. The most significant changes include entrance to WIG20 Cyfrowy Polsat, Enea and Energa. Blue-chip index leaves while struggling with the problems of JSW, Ukrainian Kernel Lotus and fuel.
On Wednesday, after the meeting, the US central bank will give its decision on interest rates. Surprise in this matter will not. Will probably issue of possible increases in the coming months. The next date of any change to the cost of money, which falls within the information noise is June.
The increase in interest rates supported by the improving condition of the US labor market. In February, the unemployment rate fell to 5.5 percent, the lowest since May 2008. Data on consumer inflation, which is another important factor in the context of the decision on interest rates, will be announced March 24.
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