The first quarter of 2019 ended with an increase in major benchmarks. The broad market index WIG ended March's quotations at 59.668,03 points, losing 0.4 percent on the month scale. but on a scale of the whole quarter up by 3.4 percent. The WIG20 index increased its quotes by 1.6% compared to the end of the previous year. reaching the level of 2,332.09 points, while on a monthly basis, it lost 0.9 percent. The market leader was the mWIG40 mid-market index, which after a March rise of 0.4 percent. ended the quarter with a score of 4,149.50 points, or 6.1 percent. above the value recorded at the end of December last year.
Of the Warsaw sector indices, WIG-Chemia achieved the best result, which in the first three months of the year gained 23.7 percent. Real estate, construction, mining, IT and telecommunications sectors also performed well, with indices growing by several percent. The poorest sectors in the fuel and energy sectors were the poorest in the analyzed period, which lost 8.6 per cent respectively. and 3.1 percent From Warsaw's blue chips the real star turned out to be the publisher and video game producer CD Projekt Red, whose market value on the scale of the quarter increased by 37.4 percent.
The improvement of sentiment in the domestic market correlated with the excellent results of world markets, which may be included in the first quarter in the most successful quarters in recent years. The exemplary results were recorded by American stock exchanges, whose main indexes gained a dozen or so percent (S & P 500 increased by 13.1 percent, while Dow Jones Industrial by 11.2 percent). Equally spectacular growth was recorded by the Paris stock exchange, whose CAC 40 index equalized the result of the American "five hundred". The German stock market performed slightly less well, although the increase was 9.2%. it also makes an impression. Among the leading parquets, the worst performer in the Tokyo Stock Exchange, where the main benchmark gained "only" 6.0%. The bull market has also appeared on commodity exchanges, although the strongest increase in oil prices for 10 years will certainly not please drivers.