See - saw on markets

Alan Heath
19-01-2001, 00:00

See-saw on markets

Yesterday the markets initially went up strongly, especially the leading technologies stock. Then the trend reversed and the markets went down quite dramatically. The most effected by this fall were the banks, some IT companies and Telekomunikacja Polska. By the afternoon however, this process was reversed and the markets began to make up losses. Most high-tech shares were stable. The impetus behind the increases was Pekao SA, whose shares increased following strong recommendations. Once the US markets opened the markets again showed a correction which above all helped the shares that had been badly hit.

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