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- WSE: After opening
WSE: After opening
WIG20 futures took off 6 points above Friday's closing. This increase is part of a morning uplift of contracts on major European stock exchanges, but how this will translate into trade in the next stages of today's specific session is a different matter. Theoretically we have a chance to bounce in the context of the return movement to the broken last week support. Such opportunities are flowing at least from a technical analysis of the Friday session.
WIG20 index opened at 1898.93 points (+0.12%)*
WIG 47681.11 0.08%
WIG30 2118.74 0.04%
mWIG40 3622.23 0.22%
*/ - change to previous close
Europe begins sessions with the expected increases - the DAX and the CAC are growing by more than 0.5 per cent, while London is celebrating. For valuation of shares in the euro zone helps the weaker common currency, but the echo of this weakness is the strengthening of the dollar. Stronger dollar weakens zloty (PLN), which strength was helping the bulls in Warsaw at the end of Friday's session. As a result, the WIG20 begins the day without big change, but clearly outpacing the increases in the environment. The shallowness of the market causes, however, that a single bound slight decrease changes in uplift of 0.2 per cent. The topics for the sessions seem to be partly revealed: sensitivity to the condition of the zloty and a hole in the order book.
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