• WSE: Mid session comment

Market news

22 April 2016

WSE: Mid session comment

In the first part of trading on the Warsaw Stock Exchange the weak core markets resulted in weakness of the WIG20 index. Basket of blue chips lost 1.13 percent now, which greatly differs from the decline in the German DAX. Transfer of the atmosphere is obvious when we consider the fact that the WSE has not an argument on which to build a counterweight to the core markets. The weakness of the zloty and increase of the profitability of Polish debt have to discouraged investors. Technique forces waiting for the solstice, and the turnover - barely PLN 170 mln - does not indicate a serious operating capital. In the event of a revaluation has a positive side, because indicates a rather sleepy subsidence prices than serious attack of sellers.

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