• WSE: Mid session comment

Market news

17 May 2016

WSE: Mid session comment

Today's session shows that, on the one hand in terms of activity we may feel the "effect of Moody's" after the return of the full global players, but on the other, from the point of view of the direction, disappears the yesterday's relative strength and we start to diligently observe behavior of Euroland.

With respect to the whole index, situation of bulls clearly complicated. The beginning of today's session promised to be a positive after growth impulse from mining and commodity even financial companies. Successive bars however, were marked by systematic return of output from the first hours. It seems that the morning increases launched a selling site, which uses the opportunity to exit at favorable prices.

At the halfway point of the session the WIG20 index was at 1,852 points (-0.06%) with the turnover of slightly over PLN 400 mln.

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