TeleTrade - Analytics

    TeleTrade

    690.50 6.50/10
    81% of positive reviews
    Real

    05.05.2016 07:18 WSE: After opening

    WIG20 index opened at 1865.17 points (-0.00%)*

    WIG 46939.33 -0.17%

    WIG30 2078.46 -0.24%

    mWIG40 3565.70 -0.40%

    */ - change to previous close


    The cash market opened at a neutral level of 1,865 points on the WIG20 index, with modest turnover and with a focus on smaller companies like Próchnik (WSE: PRC), which reported very good sales figures for the month of April. Surrounded openings are slightly increasing, but not as much as a quarter ago was pointed by future contracts. We can see the weakness not only locally, but also abroad. The WIG20 index is on the line of the lower limit of the downtrend channel. The excess of that line will mean willingness to implement a scenario of accelerated decline towards 1,800 points.


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