• WSE: Mid session comment

Market news

7 April 2016

WSE: Mid session comment

The Warsaw market remains today weaker compared to the environment. Both in France and in Germany, local markets declined as well, but not to the extent of Poland. Despite the morning momentum, the Wig20 index descended to the support level of 1,900 points. Declines in copper prices resulted in shares of KGHM (WSE: KGH) plummeting, which laid the foundation for further downward trend in shares trading.

The second line, the mWIG40 index, performed much better compared to the blue chips. Some shares in the mWIG40 group - e.g. Emperia (WSE: EMP), Kernel (WSE: KER), ING (WSE:ING) and Ciech (WSE: CIE) - appreciated for about a few percent. As a result of these changes, mWIG40 index is on the rise, by approx. 1.2 percent.

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