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- WSE: Mid session comment
WSE: Mid session comment
The first half of trading on the Warsaw market was marked by expectations of what will happen in the afternoon after the release of data from the US. Low liquidity, with which we are dealing today in Warsaw favors the unexpected movement, especially when everyone expects no changes. After two attempts to raise the index, the supply side tried its power which ended up with a downward move to the cosmetic cons. While our market is going down session lows, in Frankfurt investors showed a bit more optimism, which results in the increase of the DAX up to 1.1 percent. Unfortunately, the previously observed strength of the Warsaw Stock Exchange today is no longer present, and despite the very comfortable conditions for the development of yesterday's gains we do not see it.
In the mid-session, the WIG20 index reached the level of 1,714 points (+0.06%) with the turnover of PLN 154 mln.
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