2015-03-25 21:42 Author: Luke Priest
The decline in WIG20 index below the 2,400 points, and to the extremely weak session on the New York Stock Exchange will not help Thursday investors who are counting on the return of growth in the Warsaw Stock Exchange. Many players just realized profits.
The attention of investors on Thursday to attract annual report concern PKN Orlen. On Wednesday, the company’s share price grew most strongly throughout the WIG20, gaining nearly 3 percent.
Investors to buy shares of PKN Orlen has encouraged the company message on the dividend. It shows that the management of the group recommends that the division between investors for a sum in excess of 705 million dollars. This would mean that the dividend will amount to 1.65 zloty to 1.44 zloty per share a year earlier.
What is important in the context of the weak results of PKN Orlen, the payment of the dividend would be the capital of the company, which was established with profits from previous years. The Board proposes that the dividend record date was June 16, and the payment was made on 8 July.
Although shares of PKN Orlen retain the best among WIG20 companies, however, in the case of most of the companies on Wednesday, there was a profit-taking by investors. This meant that after two days of waiting a key indicator clearly WSE finally began to lose its value and eventually found himself below the level of 2,400 points.
The realization of profits was also on Wednesday on the New York Stock Exchange site. After the fateful session after major indexes lost about 2 percent. Caught the attention of investors is a gigantic deal for the food. Kraft Foods is to call the manufacturer of ketchup HJHeinz. This information led the Kraft Foods during Wednesday’s session on Wall Street gained even more than 30 percent.
Thursday investors will not have too many important macroeconomic data, which could have a significant impact on their moods. In the afternoon we will know the latest weekly data from the US labor market, the number of people, which last week reported for the first time after unemployment benefits. According to estimates, there were 290,000 to 291,000 weeks earlier. Then investors will also learn a preliminary reading of the PMI for the services sector in the United States.
In the morning, in turn, will flow to the market the latest news from the German economy. This will be the April reading GfK consumer confidence index. Usually, however, it has no effect on the mood among investors.
No comments:
Post a Comment