• WSE: Mid session comment

Market news

22 November 2016

WSE: Mid session comment

The first half of today's session was the picture of a pretty good trade. We may see, however, that a large increase from the beginning of the session, raises some problems with maintaining of this output. Our market has already repeatedly show that far more good is to climb slower than dynamic jump, which later forces more of work on its maintenance than magnification. Optimism in Warsaw matches well with preserving of the environment. Major European indices are right at the important resistance levels and today once again are trying to attack them using commodity companies. One drawback may be today the size of the market, which together with the last hour volatility indicates the drift of the market in the side area.

On the halfway point of the session the WIG20 index was at the level of 1,774 points (+1,03%). The turnover was amounted to PLN 290 million.

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