Fiskus dobija banki, a GPW bije rekord! Dwie twarze jednej sesji

📢 If you're looking for reliable market data and advanced portfolio analysis tools, it's worth checking out InvestingPro. Currently, the platform is offering a 50% discount on select plans. ➡️ Additionally, use the code COMPARIC to get a 15% discount. 🔗 You can find all the details here: https://www.investing-referral.com/co... ➡️ The 15% discount should be automatically applied on the payment page after clicking the link. If you don't see it, simply add the code COMPARIC manually. 📢 The next edition of Invest Cuffs is October 5-6 in Poznań. 🎟️ https://investcuffs.pl/invest-cuffs-p... 🎁 Tickets 30% off are now available! 📢 The next edition of Invest Cuffs in Krakow will take place on April 9-10, 2027. 🎟️ https://tobilet.pl/kongres-invest-cuf... 🎁 The code "Comparic" gives you a 10% discount. The GPW Review program is hosted by Paul Cybulski. Wednesday's July 15th session on the Warsaw Stock Exchange was a two-part affair. From the top, the indices were in the red – banks dragged the WIG20 down by 0.41 percent, and the WIG-Banks lost 1.39 percent after Minister Katarzyna Pełczyńska-Nałęcz announced a further corporate income tax increase for the sector. The bill calls for a rate increase from 19 to 30 percent in 2026 – and this led to approximately PLN 42 billion being wiped from banks' valuations in just three weeks. But something completely different was happening underneath: the mWIG40 closed above 10,000 points for the first time in history, and capital fled from banks into consumption. Allegro (+1.3%) was the strongest in the WIG20 after strong second-quarter estimates – EBITDA of 1.03 billion and revenue of 3.34 billion PLN. We also break down the Pepco phenomenon (+2.75% on share buybacks), the leader of the declines, Modivo (-4.13%), and the strong automotive sector. We follow the July dividend wave – from Makarony Polskie and LSI Software (cut-off on July 15th), through the record-breaking WSE dividend and Żabka's first-ever payout, to Mo-Bruk. Finally, a topic that's quietly changing the market: the stock market is chasing fifty ETFs – after the debut of eight HANetf funds, there are now 42, and the turnover from all of last year (PLN 4.3 billion) was surpassed in just six months. In the analytical segment, we analyze Allegro's valuation using InvestingPro, a partner of this episode. Use the code COMPARIC for the July promotion: up to 60 percent off plans, plus an additional 15 percent with the code, for a total of up to 75 percent off. Code and link in the description. 00:00 Corporate Income Tax Increase and the Valuation of Polish Banks 02:16 Analysis of Allegro's Financial Condition and Results 03:51 Why the Government Is Raising Income Tax for Banks 06:25 Rotation of Stock Market Capital to the Consumer Sector 09:41 Impact of the Share Buyback Program on Pepco's Price 11:46 July Dividend Schedule and Yield on the Warsaw Stock Exchange 12:54 New ETFs on the Warsaw Stock Exchange See more ▶    • Comparic Poleca 📈   Subscribe to the channel 🔔 https://youtube.com/@ComparicGielda?s... ALL VIDEOS ➡️    • Comparic Giełda   🔴 Website: https://comparic.pl 🔴 Facebook:   / comparicpl   🔴 Instagram:   / comparic.pl   🔴 LinkedIn:   / comparic-pl   🔴 TikTok:   / comparic.pl   🔴 Twitter: https://x.com/comparic ⏺️ Comparic Markets:    / @comparicrynki   ⏺️ Comparic Global Markets:    / @comparicglobalmarkets   ⏺️ Comparic Blockchain Space:    / @comparicblockchainspace   ⏺️ Comparic Stock Exchange:    / @comparicgielda   ⏺️ Comparic Polish Portfolio:    / @portfelpolaka   ⏺️ Comparic Economy and Politics:    / @comparicglobalnie   #Comparic #Finanse #ComparicGielda #GPW #WIG20 #mWIG40 #banki #CIT #Allegro #Pepco #Modivo #dywidendy The presented content is for informational purposes only and represents the authors' own opinions. This content has been prepared fairly and with due diligence and does not constitute the basis for investment decisions, investment advice, or investment research within the meaning of Art. Article 36 of Commission Delegated Regulation (EU) 2017/565 of 25 April 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive. The author and disseminator are not liable for any transactions, damages, expenses incurred, or lost profits arising from investment decisions based on this content. We hereby inform you that investing in financial markets may involve a significant level of risk and the possibility of significant losses of invested funds. Financial instruments based on margin should be treated with particu...