• WSE: After start on Wall Street

Market news

14 November 2016

WSE: After start on Wall Street

The week on the Warsaw market did not start well. The trading for a few hours is not able to pick up from the session lows. Adding to this the style of today's descent (width, rotation, scale) it does not look good. In the initial phase of the session we were not able to take advantage of the relatively positive sentiment on core markets and in particular the surprisingly positive start of trading in Europe, which was inspired by a better behavior of the US contracts. Entry into afternoon phase of trading in Europe was held under the sign of far more modest than previously growth, and at the same time leaving the level of resistance, visible especially in Germany and France.

The market in the US opens with increase, but the beginning looks neutral on the background of recent observed volatility.

An hour before the end of today's trading the WIG20 index was at the level of 1,759 points (-2.06%).

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