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- WSE: Mid session comment
WSE: Mid session comment
Today's session runs for the time being under the sign of one piece of information, which appears before the start of trading and therefore has led to widespread gaps growth. Virtually all European markets are on the gain, increases in Western Europe exceed 1% and indices are traded on the session highs. Against this background, we may have some reservations with regard to the behavior of the WIG20, which rather revolves in the area of session lows, however it still means more than 1%.
Top behave today sectors familiar with previous good behavior, namely commodity producers and banks. Currently, the most important is the election in the US and the reaction of global markets on their outcome. When the cards will be fully lined on the table, then we may get a chance for a slightly larger directional movement in the markets. So far we have only measured with the prospect of increased volatility and nervous movements.
At the halfway point of today's session, the WIG20 index was at the level of 1,777 points (+ 1.08%). The turnover among the largest companies was amounted close to PLN 200 million.
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