During today's session, investors are cautious due to the low turnover on the market. More than half of the session the market needed to generate turnover in the WIG20 index at the level of PLN 200 mln. At the halfway point of the session there is another signal that yesterday's sell-off is unlikely to be subject to reversal today.

In the United States, markets are about to open, most likely on a quiet note. We do not see indications for either enthusiastic buying or selling. The S&P contract recorded a merely cosmetic change.

We expect that, unless opening of the Wall Street generates an impulse to change sentiment in Europe, the second half of the session should not differ from the first one.