WIG20 holds up on Orlen and banks while mWIG40 and sWIG80 fall on earnings

While European markets and Wall Street fell on rising Middle East tensions and hawkish Fed signals, Warsaw's WIG20 index held firm, supported by the fuel sector led by Orlen and by banks. However, selected companies in the mWIG40 and sWIG80 indices were sold off following the publication of their financial results.