WSE continues upward trend

3 June 2014

The Warsaw Stock Exchange continued its upward trend today, with the market’s blue chip index WIG 20 up by 0.2 percent, after climbing 0.4 percent at the start of trading on Monday. Key French and British indexes, on the other hand, posted slight losses this morning. Market watchers expect to see some action, especially on core European stock exchanges, following the release of fresh data on the eurozone labor market later today.

In the meantime, Polish investors are waiting for the Monetary Council RPP to make a decision regarding interest rates for the country. Market observers, however, aren’t expecting any sharp movement from RPP this month, leaving interest rates untouched at 2.5 percent, at least for the next 30 days

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