US markets give no hope for rebound on the WSE

opublikowano: 2007-11-21 21:00

Warsaw (Puls Biznesu) – WIG20, the index of blue chips, did not substantially fall on Wednesday while mWIG40 and sWIG80 fell deeply.

Both of them lost 3.2-33 percent. The volume of trade of mWIG40 companies jumped 48 percent since yesterday. The index dropped to 3,745.47 points, the level it was last time at in January. WIG20 did a little bit better – it shed 0.88 percent to 3,525.75 points while Euroland stock markets were losing even 2 percent today.

The future looks bearish. In the USA, oil inventories fell 1.1m barrels while analysts expected they would grow 800,000 barrels. This may end in oil prices exceeding USD 100 per barrel and add troubles to fuel companies. In Asia, Japan Nikkei lost nearly 2.5 percent while Hang Seng dived over 4 percent today.