Strong growths in the stock market. The banks moved for Pekao – the Banker

Classes where the major stock indexes rising more than 2% and not to the Prince common. Today, however, this boundary was crossed as WIG20, and WIG and mWIG.

best of the trio had the blue chip index – WIG20 rose to 2.34%. Increase WIG and mWIG-u was, respectively, of 2.05% and 2.07%. Least fell sWIG, which gained 0.8 percent. The current strength of the market is the godniejsza consideration that increase in these were recorded at speeds of up to on the wide market of 1.27 billion.

More importantly for the bulls may be the fact that WIG20 demolished today is the turn of 2100 points, which was in the last days considerable resistance. The index was thus, at the highest levels from October 2015 and opened the way for continued growth. However, it is worth remembering that WIG20 won the 2000 and 2100 levels of points, in principle, without any changes. And these because when such raids like to appear.

Banks hope after the first reports

Great job today, banks. WIG-Banks got to 3.1% A. strengthened by 6.6%, Millennium and mBank 4.8%, more than 3% increase recorded Getin Noble, Commercial and PKO BP. The sources of these increases should be sought in the statement of financial Pekao (+2.8 percent). The Bank presented the results better than the consensus. The net profit of the Pekao group in the fourth quarter of 2016 rose to 494,7 million RUB from 438,4 million RUB, the company informed. The Bank also announced that almost all of the profit wants to spend on dividends. Per share przypadłoby so of 8.68 UAH.

Results Pekao’s not the first positive surprise of this season results in the sector. To offer then maybe that also achieve other banks were investors and analysts, is undervalued. So the greens swept across the sector. I should add that today also saw the light of aggregate data for banks, published by KNF. They imply that in 2016, the profit sector is made up of 13.91 billion rubles, i.e. was 24% higher than a year earlier.

such a wave is energy sector, representatives of which have also been found in the forefront of many acquiring companies. The Lotus, moreover, wyśrubował today multi-year highs, is also close to Orlen. Companies in increases didn’t hurt today even drożejąca more than 1% oil. Both companies have recently shown better than expected results, which provides a solid Foundation for their growth. The results are waiting for you to turn another hero of today’s session – Orange. The report will be in their hands Monday (be sure to check out the full calendar). Meanwhile, the company has received more than 6%.

Today’s increase is also the second line. There is more to look forward to PKP Cargo (+8%). More than 5% rises, is also developing the documents of the Sled, Orbisa and Comarchu, which is strongly growing also yesterday. In sWIG-it did not have enough companies that zanotowałyby such increase. The nearest border crossing 5% was Pelion, with its shares went up by 4.8%.

Closing and change of selected stock indices in Europe
Index	Country:	the Value (in sec.)	1D (%)	1W (%)	1M (%)	1Y (%)	YTD (%)
Euro Stoxx 50	Euro Area	3277,79	1,23	0,74	-0,94	of 19.78	0.39 per
DAX	Germany	11642,86	0,86	0,13	0,68	31,12	1,41
FTSE 100	UK	7229,50	0,57	1,24	-0,11	of 28.36	1,21
CAC 40	France	4826,24	1,25	0,67	-1,25	of 20.73	-0,74
IBEX 35	Spain	9438,40	1,17	0,34	-0,57	19,06	0,92
FTSE MIB	Italy	18947,44	0,94	0,31	-2,13	of 19.07	-1,49
ASE	Greece	608,79	-0,34	-2,29	-7,67	35,04	-5,41
BUX	Hungary	32949,08	at 1.08	1,15	0,29	45,97	2,96
PX	Czech Republic	953,46	-0,18	1,33	1,90	11,78	3,46
MICEX	Russia	2173,98	-0,71	-1,97	-1,69	of 26.15	-2,63
RTS INDEX ( $ )	Russia	1163,19	-0,13	-0,70	0,25	of 68.49	0,94
BIST 100	Turkey	88830,21	0,66	1,64	14,78	24,39	of 13.68
WIG 20	Russia	2132,40	2,34	3,26	6,13	20,65	Of 9.47
WIG	Russia	56785,52	2,05	2,68	7,13	of 29.04	9,72
mWIG 40	Russia	4733,54	2,07	2,33	11,18	of 40.92	12,29
Source: REUTERS

Adam Torchała