Market news
31.08.2016, 11:04

WSE: Mid session comment

There is not too much emotions on the Warsaw market today, both the activity and volatility seem to be subordinated to the core markets. We had a clear example of this in the course of an attempt to stabilize the German DAX, which coincided with the information that Frankfurt Airport was evacuated. Appetites for correction of morning weakness on the German market were undercut and in response our WIG20 went to daily lows. Everything points to the fact that prior to 14:00, and without a help from the core markets the WSE will not stand for serious and validated by turnover changes in the WIG20.

For a little more attention deserves the behavior of companies from the mWIG40 index, that since the hole from June has grown almost 22 percent. Substantial growth momentum suggests that this movement is not exhausted yet.

The second half of today's trading was greeted by the WIG20 index on the level of 1,791 points (-0,37%) and with turnover of PLN 205 mln.

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