The US Labor Department said on Friday that the
number of new jobs in dropped 4,000 against an expected increase of 110,000. The
dive is connected with worse situation on the home market resulting in 22,000
fewer jobs in construction sector and 46,000 jobs in production sector. In
addition, Alan Greenspan, the former head of Fed said that the situation
resembles the one in the years 1987 and 1988. Paris and Frankfurt stock
exchanges ended 1 percent down. The WIG20 index lost 0.92 percent to 3,505.61
points. WIG fell 1.21 percent to 59,197.36 points. Shares worth PLN 1.47 billion
changed hands.
WSE follows decreases of foreign markets
Warsaw (Puls Biznesu) – On Friday when disappointing labor market data were published in the USA, Warsaw Stock Exchange indices fell down, similarly to its Western European peers. Analysts believe that the downward trend may continue early next week but then they expect a rebound.