Share quotations at the Warsaw Stock Exchange
In 2022, share quotations at the Warsaw Stock Exchange were highly volatile, whereas for most of the time a downward trend predominated.
Only in mid October, after a drop to roughly 45,500, the WIG index started go grow gain, to reach 57,500 at the end of the year. Comparing the closing values on the last working days in 2022 and 2021, the WIG index dropped by approximately 12% in a year. The prices of the Grupa KĘTY S.A. shares (quoted within the WIG 20 index since 4 August) dropped by ca. 25% in the same period. The quotations were affected by the announcement of 2023 financial forecast for the Capital Group in December 2022, which due to the visible economic downturn assume results lower than those generated in the record year 2022.
The average turnover per session in 2022 increased by 37% y/y, to PLN 6.2 million, as compared to PLN 4.5 million in 2021. The Company capitalisation, in reference to the price as at the end of the year, amounted to PLN 4,410 million.
The below chart presents the prices of Grupa KĘTY S.A. shares compared to the WIG index in the 12 months of 2022.