• WSE: Mid session comment

Market news

3 June 2016

WSE: Mid session comment

Rebound of falls on the Warsaw market gained momentum. Noticeable is also the demand for bank shares. In this context, the average increase of 1.6 percent on the WIG20 looks to be reinforced by market activity. The turnover on the WIG20 index in mid-session was amounted to PLN 375 mln. However we constantly have to remember, that the game in this phase of the session is an bet with reality, which appears after the US data. The Warsaw market now is ahead of the surroundings - the DAX rises by barely 0.6 percent, the CAC by 0.5 percent and futures on the S&P500 are at neutral level. Thus, the potential weakness of the core markets will be easy to move to the Warsaw market.

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