Market news
08.09.2016, 11:05

WSE: Mid session comment

The Warsaw market in the first phase of the session, after an initial decline, smoothly passed to the expected stabilization. Only the mid companies correct somewhat, which is supported among others by the downward movement of the JSW shares.

In Europe, the euro slightly strengthened, but banks gain, which may indicate a lack of distinct expectations about the tone of comments from the ECB. The stronger growth of the Eurodollar pair due to approach of EBC decisions and conference, may signal that markets are discounting a future element of expression. However, it seems that the market is positive about the prospects for the euro in the context of today's news from the ECB, as seen in the course.

At the halfway point of quotations the WIG20 index stood at 1,808 points (-0,08%). The turnover in the segment of blue chips was on the level of PLN 215 mln.

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