Business, Investments properties in Poland
Greek election results did not prompt investors to buy shares
Victory in the repeated elections to the Greek Parliament the center-right New Democracy met with optimism among players investing on the Warsaw Stock Exchange. This optimism was short-lived. WIG20 started the day from 1.15 percent of growth. It quickly became clear that the election of Greek elections is not enough that the Warsaw Stock Exchange indices continued their upward march. With every hour of trade demand was becoming less and less active. In the afternoon, the indicator of the 20 largest companies of our trading pit began to lose its value. As a result it was below the line by the end of trading. Finally WIG20 ended the day 0.2 percent below the line. Others Polish indexes managed very well. mWIG40 gained 0.35 percent and the index of small companies, sWIG80 0.3 percent.
The nervous atmosphere on the market returned again. Attention of investors focused on Spain once again. Profitability of ten-year Spanish securities rose to 7.2 percent. People are talking more and more about the problems of the Italians. Profitability of ten-year Italian securities jumped again above 6 percent. A large increase in the profitability of Spanish bonds confirmed that solving the problems of the euro area is still a very long way.
Problems in Spain and Italy are no concern to the investors in Athens. During the day, the local stock market index after the results of parliamentary elections grew even more than 5 percent. However it gained a little over 3.6 percent. It was such great optimism which was not in other markets. The German DAX for a few minutes before the closing quotation gained 0.1 percent while the French CAC40 lost 0.8 percent. A nearly 3 percent shares have been overestimated in Madrid.
Concerns about the future of Spain also affected the foreign exchange market. Despite the quiet beginning of the day, in the afternoon zloty began to lose against major currencies. U.S. dollar was valuated at 3.40 or nearly 1 percent more than on Friday. Euro got more expensive by 0.4 percent. to 4.27 PLN.
Wróć
We have signed a contract for the design and expansion of National Road No. 25 on the section between Zbiersk and Kokanin. The contractor, Strabag, has 39 months from the signing date to complete the project, which is valued at PLN 484,134,160.50. Drivers will be able to use the new 18-kilometre route in the fourth quarter of 2029.
czytaj więcejThe Wrocław Branch of GDDKiA hosted representatives from the Czech Road and Motorway Directorate (ŘSD) from the Hradec Králové office to discuss the connection between Poland’s S3 expressway and the Czech D11 motorway.
czytaj więcejThe Baltic Sea today plays a crucial role in the energy security of Poland and the wider region. It serves as a key route for oil and gas supplies, hosts underwater power and fiber-optic cables, and is the site of large-scale offshore wind farms that will supply Poland’s energy system in the coming years. With the growing strategic importance of the Baltic Sea and the ongoing war in Ukraine, the scale of threats to critical offshore infrastructure is also increasing.
czytaj więcejPoland is undertaking a major infrastructure project to implement the ERTMS/GSM-R system across the railway lines operated by PKP Polskie Linie Kolejowe S.A. as part of the National Railway Programme until 2030 (with a perspective to 2032). The project aims to modernize the signaling and communication systems, increasing the safety, efficiency, and interoperability of the national rail network with European standards.
czytaj więcejAs part of the National Railway Programme until 2030 (with a perspective until 2032), Poland is conducting a comprehensive study focused on the development directions of the national railway network, taking into account limitations at key railway nodes across the country.
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