The Warsaw Stock Exchange’s WIG20 index saw a 0.9-percent drop when trading began this morning. Market watchers claim the index could continue its slump during the day, driven down by Pekao, which will be under extreme pressure, following the recent announcement that UnCredit is putting shares in the lender up for sale. Shorty after the decision was disclosed, Peako shares saw a sharp dropped.
The market’s WIG index started trading with a 0.63-percent drop. Data released Tuesday about Poland’s GDP growth has not impacted the market. The WIG index was up by 0.1 percent at Tuesday’s closing, while the WIG20 increased by 0.11 percent.
