TeleTrade - Analytics

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    04.05.2016 07:17 WSE: After opening

    The WIG20 futures (WSE: FW20M16) started the day 15 points below Monday's closing or 0.8 percent in the red. After the scale of yesterday's declines on stock exchanges in Europe and the US such descent of contracts was not surprising.


    WIG20 index opened at 1890.87 points (-0.47%)*

    WIG 47457.73 -0.55%

    WIG30 2107.45 -0.72%

    mWIG40 3610.17 -0.21%

    */ - change to previous close


    After a festive day in which through the European and American stock markets swept a wave of sell-off, the Warsaw Stock Exchange resumed trading in red. The direction pre-determined by the contract is clear. In this context, today's session could be very interesting. Bulls will have the opportunity to fight for the denial of yesterday's trend in Europe.

    European markets started the day with modest changes. There are no surprises, but we can see attempts of chasing yesterday's losses on the part of the companies that served yesterday as leaders of the supply. In conjunction with the displacement in Warsaw it raises the chance of bulls to keep the WIG20 in the area of support.


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