Market news
29.04.2016, 06:30

WSE: Before opening

Thursday's session on Wall Street ended in solidarity declines of major indices, from 0.9 to nearly 1.2 percent. Sell was supported by mixture of macro factors, news from companies and the market reaction to the lack of changes in the liquidity program in Japan. Declines did not miss the Asian markets too, but this trade is quite subdued due to the holiday in Japan.


On the positives side is worth to noting the weakening of the euro against the dollar, which favors the prices of shares of European exporters, as well as the increase in oil prices.


It should also be noted that after the session, in Poland begins the period known as "May's weekend", in which the market is expected to enter a phase of reduced activity. Tuesday's celebration causes that many investors will take a rest from the market on Monday. For the whole week will be closed the stock market in Japan, and on Monday there is no sessions in China and in the UK. Through London goes a lot of orders for the Warsaw market from foreign investors, so there is an extra element favoring the activity of the full four days. Therefore we may not rule out a scenario in which normal trading on the Polish market will return only on the next Wednesday's session.

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