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- WSE: Mid session comment
WSE: Mid session comment
Since the beginning of trading worse and worse looks the situation of KGHM. Shares of the company losing today nearly 2 percent. This is influenced of the negative recommendation of Goldman Sachs, which lowered the recommendation for KGHM from "neutral" to "sell" with a target price also down from PLN 70 to PLN 63. An additional element is the decline of the valuation of contracts for copper, dissatisfied with the decision of the Bank of Japan.
Half of the session the WIG20 index welcome with drop by 0,68%;
Lose also the mWIG40 (-54%) and the sWIG80 slipped by 0,45%.
The turnover on the entire market exceeds a bit PLN 270 mln. The activity is still not so nice, but as we may see the demand still remains on the defensive side.
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