Market news
14.11.2016, 12:03

WSE: Mid session comment

The Warsaw market from the very beginning of the session grabs clear shortness of breath, unable to fully take advantage of a favorable environment, which is consolidating at key resistance of core markets indices. But this is not a surprise, the WSE fits clearly in the attitude of emerging markets where trade is taking increasingly lower levels. To the weakness of blue chips attached worse attitude of the broad market in the form of small and medium-sized companies. In addition, in Western Europe there was also deterioration in sentiment in the noon phase of trading, although increases there are still maintained. Locally, in the case of blue chips not much left from the post-election rally and at the level of the WIG20 index we are back to the area of lows from the beginning of November, when the market feared a victory of Trump.

At the halfway point of today's trading the WIG20 index was at the level 1,767 points (-1,67%), with the turnover of PLN 465 million.

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