• WSE: Mid session comment

Market news

9 September 2016

WSE: Mid session comment

In the mid-session the WIG20 lost 1,36% and the turnover counter for this index shows PLN 268 mln. The consolation may be just the fact that we are not alone in this decline. The last part of the trade brings in fact visible weakness of parquets in Euroland. Loses both the DAX as the CAC40. Unfortunately, as a relatively weaker market, the WSE lose disproportionately harder.

The weakness of the Warsaw Stock Exchange may be due to the fear of a possible cut rating for Poland today by Moody's. Investor behavior probably reflects the carefulness while on the exchange market we do not see any major shifts.

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.