WSE: Mid session comment

The morning phase of the session showed matching of stock markets to yesterday’s sell-off on Wall Street. As a result, in the halfway of the trading on the WSE the WIG20 loss exceeds 0.5 percent, while the DAX lost more than 1.3 percent. Emotions, however, are limited by sleepy turnover.

Now we have time for the southern calm, and then the results of oil companies in the US and US macro data.

Noteworthy today are quotations of mining companies. We see a noticeable rise in share prices of Bogdanka S.A (WSE: LWB + 1.59%) and JSW S.A. (WSE: JSW + 1.92%). Moreover, the technical situation of these values suggests a possible continuation of this, positive for bulls side, trend.

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