TeleTrade - Analytics

TeleTrade

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05.07.2016 07:20 WSE: After opening

05.07.2016 07:20

The futures market opened with decrease of 0.46% (1,715 points). The contract on the DAX dropped of 1% and the discount clearly accelerated in the first minutes of trading, which was not without effect on the Warsaw Stock Exchange.

 

 

WIG20 index opened at 1722.62 points (-0.11%)

 

 

WIG 44344.85 0.11%

 

 

WIG30 1933.39 0.04%

 

 

mWIG40 3343.65 0.20%

 

 

*/ - change to previous close

 

 

 

The cash market began with a modest discount, while the German DAX drops of 0.6%. We may see that the supply is not determined and the market can stabilize around yesterday's opening and closing, which is de facto in the vicinity of many hours of yesterday afternoon consolidation.

 

 

To the weaker global sentiment fits today also the zloty, increasingly weakening to the major currencies. It seems like continuation of yesterday's movement.



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