WSE: Mid session comment
The first half of today's session was marked by the strengthening of the zloty, which at yesterday's session played in the bull camp and significantly helped to distance the declines in European markets The today's morning-phase session was a simple reversal scenario. The weak zloty - pairs of USDPLN and EURPLN grow from a few hours - is combined with the pressure from the core markets and the WIG20 withdrawal to the region of 1,825 points. The activity of the market is correct and signals the realization of profits. There is no case in the fact that the role of leaders of the withdrawal was taken by energy companies, which were the engines of growth for several days.
In the mid-session the WIG20 index was at 1824 points (-1.06%). The turnover was amounted to PLN 230 mln.