• WSE: Mid session comment

Market news

10 November 2016

WSE: Mid session comment

The first half of today's trading has allowed to develop the scale of increases and brought a high level of activity and not only on the values ​​of KGHM. In the segment of blue chips the turnover counter achieved the PLN 545 million, and for the overall market almost PLN 700 million. This amount is worthy of respect, especially as the recent standards of the domestic market. Certainly, in part this is due to the published results, but mainly from the rally associated with relief after completed elections in the United States, even though the result is not fully satisfactory. The WIG20 index has recovered all the losses from the fateful Wednesday's session after a day of All Saints and reached the maximums listed previously, which may be a good place to rest after made a big move.

In Europe today also dominate positive sentiment, although the increases are slightly smaller than on the Warsaw Stock Exchange. However, this is fully justified by yesterday's attractions, which in the environment were significantly higher than in Warsaw. Traditionally, the strongest are commodity and financial companies, which behave the best in an environment of inflation and rising rates. Investors are hoping that the already observed tendencies will be reinforced by the policies of Donald Trump.

At the halfway point of today's session the index WIG20 was at the level of 1,830 points (+ 2.20%).

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