• WSE: Mid session comment

Market news

9 August 2016

WSE: Mid session comment

Today's session, as yesterday, runs very quietly and is devoid of significant new impulses to trade. In Europe, a slightly falling prices of commodity companies, other industries are on small pros. Further good behave banking sector. The German market is located at the previous highs, and in close proximity to a maximum of April. Exceeding these resistances will be a medium-term buy signal, which should improve the climate for a long time in Europe, which recently lost a little in the eyes of global investors.

On the Warsaw market rather unexpected drop in the morning in the southern phase of trade has been neutralized and the WIG20 index has returned to the levels of today's opening. Activity remains small, and quotes differ a little from the area of yesterday's many hours of consolidation. At the halfway point of the session the WIG20 index was at 1,836 points (-0,04%) and with turnover of approx. PLN 235 million.

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