Polish Stocks Are Standout Winners of Europe’s Historic Run
Energy firm Orlen SA has jumped 43% this year after increasing dividends due to improved profitability.
Photographer: Bartek Sadowski/BloombergThis article is for subscribers only.
Polish stocks are set to be Europe’s best performers in the first quarter, with a big boost in dividends keeping investors engaged even as expectations for a quick peace deal in neighboring Ukraine fizzle.
Warsaw’s benchmark WIG20 index has gained 23% this quarter — more than twice as much as Europe’s buoyant Stoxx 600 gauge. Energy firm Orlen SA has jumped 43% this year after increasing dividends due to improved profitability of its upstream, refining and gas segments. Banks are also offering higher payouts amid continued tight monetary policy.