Coronavirus impact on stock market in Poland 2020

As the coronavirus spreads around the world, the impact on the Polish stock exchange is increasing. As of 4 March, the WIG20 index was at the level of 1,860.95 points. Since then, the index has been systematically decreasing, and it reached the level of 1,305.73 points on 12 March. The reason for the falls on the stock exchange is a coronavirus (COVID-19). Fear of the epidemic has been visible in the markets for three weeks. As of 27 March, WIG20 has lost over 31 percent since the beginning of the year. Most probably, the first quarter of 2020 will be the worst in the history of the index. Even worse than the end of the memorable 2008, when the financial crisis broke out. On June 29, WIG20 index reached the closing value of 1,769.47, which is a decrease of 17.70 percent compared to the beginning of 2020.

Impact of coronavirus (COVID-19) outbreak on the Warsaw Stock Exchange (WIG20) in Poland from January to June, 2020

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Source

Release date

June 2020

Region

Poland

Survey time period

January 20 to June 29, 2020

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Statistics on "The coronavirus disease (COVID-19) pandemic 2019-20"

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