Markets forgot about yesterday’s conference, Mario Draghi and reversed the losses it caused. WIG recovering well, but at a slower pace than the mature European indexes.
The conclusions of the recent conference of the ECB yesterday resulted in a strong supply of shares. Today, however, from the early morning, investors rushed to rebuild losses and after a few minutes the WIG was 0.5% above the mark. After the morning enthusiasm volatility slightly slowed down, and satisfied with the course of the session seemed to look forward to the shareholders of the afternoon data on the US labor market.
These data supported the buyers. Especially surprise non-farm payrolls , which increased by 321 thousand people against expected 232 thousand. Although just before the end of the session slightly worsened mood among due to weak data on US orders in the industry, however, remained unabated growth. Finally WIG appreciated by 0.57% today at low revs at the level of 609 million zł. The strength of the market represented mainly blue chips, which index – WIG 20 – grew by 0.88%.
After the session, however, remained a deficiency, as in other European stock investors are much better able to take advantage of the market today, the balance of power. Exchanges fared especially well in the Mediterranean countries: at the end of the day in Italy increases exceed 3%, and in Spain approaching to 2.5%. About 2% rise over the DAX and CAC40.
Among the companies Principe beginning of the day stood out ZE PAK (+ 2.99%). Shares of Power Team for the first hour sessions were most handlowanym paper around the market. Full-day turnover of 43.5 million zł were the largest in the history of the company (if the day turns off statistics debut ZE PAK on the WSE ). At the end of the day, however, the company had been distant in terms of turnover among by tycoons such as PKN Orlen, PZU and that its close to 2% increases clearly pulled up the index of blue chips. Well, despite weak recommendation, also embarrassing Pekao (1.34%).
The company, however, should be considered on Eurocash , who continued the streak started today great ‘reports on new acquisitions. This week, the company’s securities rose by almost 10%. Only during today’s session EUROCASH shareholders gained 5.94%.
The other side of the market belonged in turn to energy companies: Energi (-3.33%) and Enea (-1.06%). Relatively strong were also devaluated ING BSK (-1.76%)
Adam Torchała
No comments:
Post a Comment