For 4 years we have peace with the presidential election in the United States. After the reaction of investors, apparently, still a relief. Warsaw stock exchange reduced for the Independence Day week ends clearly in the black. Hero KGHM, which received 26%!
Investors can breathe a sigh of relief. The biggest risk factor in the last time, that is, the U.S. presidential election is behind us. Although the winner was a candidate who was not a favorite of the financial markets, then at least we already know how the situation looks and what are the conditions going to be played.
Despite earlier fears, the disaster has not happened nor the exchanges nor on other markets: currencies and commodities. A week in the case of shares, end in most cases, solid pros (VFB on Friday celebrating), although in the last hours of the session on Thursday were marked by the realization of profits.
the Most conservative turned out to be players from London, where on Thursday, the FTSE100 was up 1.5%. fall. French CAC40 German DAX Lee won a bet since last Friday by 2-3%.
How all this fell out of our blue chips? Slightly worse than the major competitors. Thursday, even for a moment WIG20 was above 1830 points. – this means that almost 3-month highs. Ultimately, however, links to Monday 1796 item.
trump tamed markets with his behavior immediately after the announcement of the results, where the first words softened a bit by cutting off himself from the controversial previous statements. Wall Street can count on the tax cuts and hundreds of billions of dollars pumped into the economy. Clinton in his promises had been so generous.
Staying on wall Street, it is worth noting an even greater influx of optimism than in the case of European exchanges. For the Dow Jones weekly steering as at the moment is 4 percent. And just what we were dealing with the longest from 36 years a series of drops in the United States. Of course, this week for the U.S. stock exchanges does not end there. Maybe it can still change at least tomorrow, but it is the players of the EXCHANGE will react only on Monday.
In anticipation of the elections, almost no events and publications, about nature, about makroekonomicznym was not punctured. However, the background not so much. For us, in particular, the next meeting of the MPC, which, of course, to maintain the status quo. In all of this is lost the macro data from China, but rather inflation and the balance of foreign trade. Especially in the second case we were dealing with a big surprise.
Returning to the stock EXCHANGE, you cannot miss the final season slow the release of quarterly reports. Only among the blue chip of the card opened: PKO BP, PGE, Digital Polsat, KGHM, PGNiG, Tauron, CCC, exhibition center, Eurocash, Pekao and ROM.
noteworthy figure is the giant of Lublin, who only on Thursday received a value of 8%., since last week the stock went up 26%. KGHM had in the third quarter of 329 million rubles of net profit to 33 million rubles a year earlier.
Many reasons for fun for the owners of shares of PGE. This week is particularly vulnerable society with WIG20 (-3,5 percent). The Polish Energy Group has registered 656 mln consolidated net profit attributable to shareholders of the parent company in the third quarter against more than billion a year earlier.
the Above text is an expression of personal views and opinions of the author and should not be construed as a recommendation to buy or sell securities.
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