WSE: Mid session comment
The first part of the session did not bring any solstice and the WIG20 returned to the area of 1750 points. There is also no signals of overcome the resistance created there, and barely PLN 175 mln of turnover is the weak result and signaling distance of investors to rebound. The Warsaw market copies behavior of the German DAX, which at 13:00 is gaining about 1 percent, while the WIG20 index rising 0.9 percent. If in the first half we failed to earn anything important, that any market movement in the second half will be condemned to confrontation with final hour of contracts settlement. Thus, it appears that for technically reliable trade we will have to wait.