Little optimism and little capital on the WSE

opublikowano: 2008-08-19 19:57

The WSE opened down after US markets had closed down yesterday and Asian exchanges lost nearly 3 percent today. The volume of trade was very low and amounted to PLN 200 at noon.

The WIG20 index was dragged down by KGHM copper producer and Pekao bank. US PPI was twice higher than expected, data from the home market was bad as well. The 20 share blue chips index lost 2.6 percent. WIG dropped below the psychological level of 40,000 points. Analysts believe that it is a good moment for a rebound but without foreign capital it will be impossible.