• WSE: After start on Wall Street

Market news

8 August 2016

WSE: After start on Wall Street

Quotations on Wall Street began with a modest growth of 0.1%. Indeed, the mood is not bad, but the market is pushed rather by momentum than new impulses, which together with the going to the end the resulting season will be less in the near future.

On the Warsaw market the afternoon phase brought new highs on the sWIG80 index, which sets new this year highs. Sentiment on the broad market remains very good. On the other hand, in the segment of blue chips does not occur any changes, at low turnover and low volatility no much happens. The Pekao (WSE: PEO) shares are supported by the press info about the possibility of lack of sales of shares by UniCredit, and PKO BP (WSE: PKO) is overwhelmed by possibility of increase capital buffers. The turnover in the amount of PLN 300 mln among large companies does not make a big impression.

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