• WSE: Before opening

Market news

11 August 2016

WSE: Before opening

Yesterday's closing of the S&P500 index by decline of 0.3% was largely driven by behavior of oil prices. Quotation of this raw material decelerated markedly yesterday's afternoon in response to the data on stocks. Yesterday, Europe was dominated by small declines, and it is difficult to say that the moods in the world are very optimistic. In Asia parquet in Japan is closed due to holidays.

Today's macro calendar is devoid of important publications, which will appear tomorrow. Therefore we are before the session without clear pulse in the global arena.

On the Warsaw market worse than expected results reported Energa (WSE: ENG). Also, Lotos (WSE: LTS) does not live up to earlier forecasts. Smaller derogation from the projections are visible in the case of Alior (WSE: ALR), though hard about the positive surprise here.

Financial Stability Committee issued an opinion on Wednesday about the identification of other systemically relevant institutions and the imposition of an additional capital buffer. It is a response to the request of the Polish Financial Supervision Authority, which proposes such as ING Bank (WSE: ING), PKO BP (WSE: PKO), Getin Noble (WSE: GNB) and Bank BGZ BNP Paribas (WSE: BGZ) to include to this group.

Yesterday, at the close of the session on the tape was tampered level of 1,850 points and today's session should give an answer whether it was justified or not. The key, as usual, will be the afternoon, which in recent days is as a rule under the sign of growth, probably due to the purchase of US funds.

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