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- WSE: Mid session comment
WSE: Mid session comment
The first half of today's trading brought confirmation of the artificial nature of the initial strong growth in the WIG20 index. After nearly two hours of trading bulls were not able to keep the tempo, which confirmed the weakness of the demand side.
On the Warsaw market the top form presents today PKN Orlen (WSE: PKN). Shares of the company stand out at the first part of the session and currently grow by over 3%. Share price is the highest since June 23.
The beginning of the session in Europe has been slightly declining, where stood out the particular weakness of the banking sector, after the chief executive of Deutsche Bank, being in Washington at the end of last week did not reach an agreement with the Department of Justice on penalties imposed on the bank.
Next hours brought a better mood with new maxima in the CAC40 and the DAX, what helped for trading on the Warsaw market. Apparently Trump's problems have not led to greater explosion of optimism.
The second half of the session the WIG20 welcomed at the level of 1,764 points (+ 0.71%), with the turnover of PLN 240 million.
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