On the Stock Exchange boosters lined with fear – Onet.pl

In this situation, today’s session began with large concerns, and despite the lack of aggressive supply buyer is clearly not eager to chasing yesterday’s losses. After several minutes of trading demand a little daring and WIG20 firmer about 0.5%, but enough to supply several series of baskets and shortly before noon, the index of blue chips again found himself on the red side.

This time the scenario yesterday disrupted the macro data from the US, which favor the equity markets, substantially eliminating the probability of a rate hike in September. Strong increases in mature European parquet and positive opening on Wall Street helped end the session in positive territory (WIG20 + 0.33%), but given the scale of yesterday’s decline and a great atmosphere in the global environment today uplift would consider rather as a confirmation of weakness. The value of trading on the entire market was 670 million, and the breadth of the market is neutral pronunciation, because the number of companies growing and lose their value was almost the same.

comforting element of today’s weakness WIG 20 was relatively low trading activity. It is also reflected in the not too high volatility. We recorded only 3 cases of increases in excess of 2% (Eurocash + 2.93% + 2.64% Orange and Synthos + 2.34%), while the largest decrease did not exceed even 2% (mBank – 1.29%). On the broad market in terms of the appreciation of the exchange stood out PBG (+ 13.69%), Solar (+ 12.71%), Panova (+ 12.04%), Pelion (+ 12.20%) and atend (11.43%).

Today’s session has confirmed yesterday’s weakness, and from the perspective of passing week has deepened already strong visible scratches on the image of the market. From the perspective of AT breaking through chart WIG20 laboriously built over five sessions support in the area of ​​1975 points to be assessed as very negative, and any drop below the 1749.18 points eventually open the way to fall in areas of this year’s holes. From the mental point of view, the weakness of reflection from the beginning of July and unnaturally fast descent from August 12 are quite destructive and confirm seen in a long time rozkorelowanie the main segments of the Warsaw Stock Exchange, which are the blue-chip segment and the market so-called. a mission. Slowly, the situation in these two sectors of the market begins to create the impression of two completely different exchanges. The reason for the reluctance of investors to companies with WIG20 is of course generally known and repeating the mantra of a non-listed in the WSE history of destructive interference of politics in the market mechanism is not promising hope for rapid improvement. In this situation, it seems that in the coming months, investors rather should not unduly arouse appetites in terms of success on the Warsaw Stock Exchange.