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The last session of the week WIG20 will end with a great success. He will earn 1.7%.
After a few miserable sessions at the Warsaw Stock Exchange, we have to face a more decisive move in a cover. It is true that at the beginning of the note nothing has ever been announced, but the further away, it was more interesting.
WIG20 presents the session because under the line. However, liquidation at the first moments of trading was weak and it was clear that the situation could change at any time. That's how it happened. Just an hour and WIG20 is clearly above the line. At the same time, other European markets have had trouble turning. Our market, however, supports macroeconomic data. It turned out that retail sales in June increased by 8.2 percent. from year to year, which is one of the best results of the last years. If we add to these better than expected results from PKN Orlen, then we would not take advantage of the growth opportunity. Fortunately, the WIG20 will benefit from favorable circumstances. In the south, already more than 1 percent. It is true that in the second part of the day there were moments of doubt and at one point, it seemed that the WIG20 would turn back to the closing level on Thursday. Then, however, the Americans came to us from deliverance. On Wall Street, they started buying shares, which again gave way to bulls in Warsaw to fight for a better result in the home stretch. Gray can be considered a victory
WIG20 will eventually win 1.7 percent. (which was the best result in Europe) with a relatively high turnover (at least for the last few weeks). Thanks to the Friday session, you can also sign up for a more, albeit small. WIG20 will gain 1% during this time. Of course, for the moment, there is no question of taking a break, but the events of Friday bring a little optimism in the hearts of investors. Now it would be helpful for the bulls to confirm their stay this week. It remains to be hoped that this is not just a wish.
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