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- WSE: Mid session comment
WSE: Mid session comment
Today's readings of PMI for the services sector in European countries were not as favorable as the previous PMI's for the industry. We may see slowing down, which is somewhat surprising, since the first signs of a possible short of breath in the economy should be signaled by the industry, not the services. Readings in principles say that the growth is still present, although unsatisfactory persistent. After data European stock exchanges slightly cooled down and decreases exceeds 1%.
In the south part of trading the process of falls on European stock exchanges was halted and thereby also on our market there is no incentive to create volatility. In front of us is likely prospect of southern calm.
In the mid-session the WIG20 index was at the level of 1,724 points (-0,01%) and with almost of PLN 200 mln turnover.
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