WSE investors were not discouraged by low ending in the Wall Street on Monday. Macro data did not stop increases. The market kept growing all day long. So did its European peers. Falling oil prices support the rebound. Shares worth as much as PLN 1.6bn changed hands against PLN 900m yesterday.
The WIG20 index rose 1.7 percent. PKO BP and Pekao banks baced the advances. TP telecom rose for the third consecutive day. The company launched its buyback program worth PLN 700m yesterday. KGHM copper producer dived 3.3 percent. On Monday, it had lost 8 percent on growing copper prices.
mWIG40 rose only slightly. Roman Karkosik companies were among the best performers including Midas which for the last three weeks has jumped 200 percent.
The market will depend on quarterly results published by Polish companies and
macro data. European and US central banks will also influence the trading on the
WSE.