• WSE: Mid session comment

Market news

19 July 2016

WSE: Mid session comment

The reading of the ZEW index (-6.8; forecast 9.1), which fell to negative values clearly disappointed. The data for the first time take into account the outcome of the referendum in the UK. Anxiety respondents focuses on exports, the stability of the banking and financial system in Europe. The market reaction to the data was minimal, because it does not contribute many of the new, to the situation.

Our market catches a shortness of breath today, although only consolation is the fact that is a smaller scale than in Euroland. In the mid-session the WIG20 index was at 1,783 points (-0,24%) and with the turnover of PLN 231 mln.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.