• WSE: Before opening

Market news

17 February 2017

WSE: Before opening

Thursday's session on the New York stock exchange has brought little change, but the series of seven consecutive days growth of indices S&P and Nasdaq was interrupted. The Dow Jones Ind. rose at the close of 0.04 percent, the S&P500 fell by 0.09 percent and the Nasdaq Comp. lost 0.08 percent. The focus of investors in the US are macro data, which confirm the strong start to the year in the local economy.

In the morning, we see a slight withdrawal of futures on the S&P500 and the decline of the Japanese Nikkei, which together indicate that after a week of changing moods investors reduce optimism before the weekend.

Looking at yesterday's behavior of the Warsaw market, we may notice that the Warsaw Stock Exchange follows it's own path. The WIG20 index broke out yesterday with a large turnover the next resistance (2,200 points) and look into the area of 2,350 pts. as the target level after breaking out of consolidation in the area of 2,000 to 1,650 points.

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