• WSE: After start on Wall Street

Market news

5 December 2016

WSE: After start on Wall Street

European markets almost did not notice an increase in uncertainty. Slightly cheaper are mainly Italian banks but other sectors are gaining in value and the best presents sector of the automotive companies. As a result, the German market today gained greater vigor, although in the southern phase of trade gains slightly less than it was before. Increases of 2% on the WSE put us in first place among the most important parquets. The common currency also made up for earlier losses. This is somewhat surprising change, because after today's events, the ECB may be less inclined to reduce their support.

Wall Street opens with an increase of 0.4%, which may not be a significant change, but ranks the index over the broken last week support. This situation indirectly led to another wave of optimism on the Warsaw Stock Exchange.

An hour before the close of trading the WIG20 index was at the level of 1,831 points (+2,67%).

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