Today's trading does not provide many attractions. Once again the region of 1,800 points was the market stabilizer. After the withdrawal in the first hour the market has found a balance in around the psychological barrier. A significant impact on the stabilization is analogous behavior of core markets. Closely followed in Warsaw the DAX ends mid-morning phase of session in the area of yesterday's close.
Yesterday's intraday lows on the PLN currency pairs has been cosmetically enhanced (to the greatest extent on the EUR / PLN due to withdrawal of Eurodollar), which indicates the still continuing positive sentiment for the domestic market. In the context of the Warsaw Stock Exchange this can therefore be taken at face value. While optimism can be seen on the zloty, light withdrawal of the WIG20 should not cause any serious damage for the bulls side.
The halfway point of trading the WIG20 greeted at the level of 1,799 points (-0.24%) and with the turnover slightly below PLN 250 mln.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.