• WSE: Mid session comment

Market news

1 December 2016

WSE: Mid session comment

During the first half of trading on the Warsaw parquet the stock market rebounded from the vicinity of the level of 1,800 points and it seems that the defeat of the next resistance will not be easy. Our market gave most of yesterday's gains and it was at a pretty decent turnover.

Shareholders of listed coking coal and coke group JSW voted in favor of moving the ailing KRUPIŃSKI mine to the state restructuring vehicle SRK, in line with the management's recommendation and creditor banks' opinion.

At 12.40 (Warsaw time) shares of JSW gained 4.70 percent and turnover in shares of the company were at that time PLN 71 million what was the highest result among all listed companies.

At the halfway point of today's session the WIG20 index was at the level of 1,787 points (-0,59%).

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