• WSE: Mid session comment

Market news

14 October 2016

WSE: Mid session comment

During the first hours of trading on European exchanges the process of catching-up was conducted in a good style and the German DAX returned strongly above the level of 10,500 points gaining more than 1.5%. In the Warsaw market the first half of trading ends with extending the drift of the morning and the response of the largest companies on the upward pressure from the environment is very poor. Much better represent the average companies. The mWIG40 index grow by 1.1 percent and chasing too close to the 1.5 percent increase of the German DAX-a. We may still count on a greater response of the WIG20 index on what will happen in the world after reports of Citi, JP Morgan and Wells Fargo.

At the halfway point of the session the WIG20 index was at the level 1,730 points (+0,19%) and the turnover was amounted to PLN 235 million.

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