• WSE: Mid session comment

Market news

6 June 2016

WSE: Mid session comment

The first half of the session was unsuccessful output of the WIG20 above the level of 1,800 points. Low turnover indicates that the market suffers from a lack of activity and new ideas for the game. Therefore now appears a dangerous moment. Rebound of Wednesday's drop on Friday and return to the area of ​​1800-1789 points lead the market to the point at which on Wednesday began the panic associated with overcoming of supports levels and which led to test 1,750 points.

In the mid-session, the WIG20 index was at 1,784 points level and the counter of turnover on the WIG20 showed less than PLN 170 mln. Being over the 1,800 points did not arouse a great capital. In practice, this means that investors have to wait for a new impulse, which does not want to be delivered today from Europe and the US, where changes are modest and indicate that also the major stock exchanges continue waiting for new impetus.

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