Polish investors are losing patience with energy campaigns and are abandoning pharmaceutical companies

Polish individual investors seem to be losing patience with energy and pharmaceutical companies - this is the result of the latest quarterly data on shares from the social investment network eToro.

• EToro's data shows which companies saw the highest growth and decline on the platform in QXNUMX
• Pharmaceutical giants Bayer AG (-17 percent), AbbVie Inc (-16%) i Cocrystal Pharma Inc (-9%) found themselves in the top ten losses, along with energy companies Enphase Energy Inc (-16%), SunPower Corp (-13%) and CNOOC (-12%).
• The greatest increase was recorded Twitter, jumping 134%, while users also chose on Target Corp. (+ 60%) i SAP SE (+41 percent).

Energy and pharmaceutical campaigns are no longer popular

eToro checked which companies recorded the largest proportional growth and decline at the end of Q17 compared to the end of Q16. Pharmaceutical giants Bayer AG (-9%), AbbVie Inc (-16%) and Cocrystal Pharma Inc (-13%) were among the top ten declines along with energy companies Enphase Energy Inc (-12%), SunPower Corp (-10%) and Cnooc (-XNUMX%). Delta Air Lines also entered the top ten companies losing interest among investors in Poland (-XNUMX percent).

On the other side of the spectrum, Twitter showed the biggest quarterly growth, with a 134 percent increase in the number of holders after Elon Musk's intention to buy a social media giant was released in mid-April. Target Corp and SAP SE also saw a significant increase in popularity among Poles and the number of investors eToro holders of these shares jumped respectively by 60 percent. and 41 percent

Commenting on the research results, eToro market analyst Paweł Majtkowski said:

“In the last quarter, Polish investors faced increased volatility in the markets. Investors' decisions reflect the main elements of economic discussions about the future, as well as these more and less popular market trends. Thus, companies that do well in recessionsuch as Walmart or Target. On the other hand, the popularity of the pharmaceutical industry is declining due to pandemic recovery. Although this trend may reverse in the next quarter. Poles, as bargain hunters, could not ignore Twitter and the chance for one of the biggest sensations of the past quarter. "

The list of the most popular stocks among Polish eToro investors (see table 2 below) remains dominated by technology, despite the recent sell-off of the market, with Tesla, Apple Lossless Audio CODEC (ALAC), i AMAZON making up the top three, a Meta, Nio and A further on the list.

Paweł Majtkowski adds:

"You can see, however, that many Polish investors look at the market in the longer term and still focus on technology companies for which it was a difficult quarter. You can also see the sentiment towards Elon Musk, because Tesla remains the most popular company, and the most popular is Twitter, which was supposed to be made by him. taken over. The top ten shows the growing popularity of Apple, and the decline of Nio by 3 positions. Netflix is ​​also returning to the list, the capitalization of which has shrunk by half during the quarter. The sell-off has increased its attractiveness for investors. "