Up and down like the Assyrian empire

Alan Heath
09-02-2001, 00:00

Up and down like the Assyrian empire

Thursday was not the best day for nervous investors to be on the stock market trading floor. Before opening analysts suggested that one of the results of the weakening Nasdaq would mean a bad day in Warsaw. However once trading got under way the opposite happened. IT and local blue chip companies pushed the indexes up quite dramatically. This wave of enthusiasm however did not last long and the indexes plunged back down again. Around mid-day the mood changed and the indexes went back up again. Around an hour before the close investors had a re-think and the indexes went back down again to close near to where they were the previous day.

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