• WSE: After start on Wall Street

Market news

7 September 2016

WSE: After start on Wall Street

The beginning of trading on Wall Street took place at the neutral level and with low volatility, which indicates a desire to remain in ongoing for some time consolidation. In this situation, we do not have yet any indication form the side of the American market. The WIG20 index after a few hours of stagnation lasting from the beginning of trading, around 14:00 began to march up and reported on the new daily maximum.

Increases are accompanied by greater market activity, so the demand has a chance to confirm the "buy" signal by the turnover. After breaking out of from consolidation, the demand has appeared and modestly but consistently improving earlier daily highs.

An hour before the end of the session the WIG20 index was at the level of 1,814 points (+ 1.33%).

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