• WSE: Before opening

Market news

11 July 2016

WSE: Before opening

As the result of Friday's report from the US labor market the S&P500 index went to new highs this year gaining 1.5%. In addition, we are virtually at historical highs and another upward session will be regarded as striking signal over several months tiring lateral trend.

This morning, the mood remains good, which indicates the booster of contract on the S&P500 index by 0.4%, and Asian stock markets rise where the Japanese Nikkei rising as much as 4.0% after the party of Prime Minister Abe clearly won the elections to the upper house of parliament. From the point of view of the Warsaw Stock Exchange is more important, however, information about the increase in copper prices, despite the fact that oil remains significantly weaker after a Thursday's clear decline.

Warsaw Stock Exchange on Friday showed the weak side, especially in the case of blue chips, which ultimately did not respond to the global optimism. It does not look particularly optimistic for the near future, and the only justification of the whole situation may be that also Hungarian and Turkish exchanges behaved worse, which may mean that our region was not preferred.

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