The morning session phase ended with a respectable increase of the WIG20 (+1.4%), which appears to reflect the atmosphere of the environment, where the DAX is rising by more than 2%. The issue to watch out for in Warsaw is the turnover volume, which is only somewhat higher than PLN 190 mln on the WIG20. With such a low volume gives a legitimate reason to suspect that the index increase does not have a lot of strength. While smaller participants benefit from the occasion, bigger participants withdraw from bidding on this movement.

We also have to consider that this growth of the market is being built on credit confidence to Wall Street, the entrance to the game of the US markets can weaken the upward pressure of the core markets.