Warsaw’s stock exchange began the week’s trading with a 0.18 percent loss, while its WIG20 index slumped by 0.31 percent. Although the WSE ended last week with substantial losses (WIG20: -1.02 percent), investors in Poland had high hopes for today’s trading, after the US stocks rose Friday’s session by 0.54 percent on its S&P index.
According to the business server parkiet.pl, the strengthening złoty could have raised hopes on Friday among Polish investors when it jumped off the floor of a long-term low. The copper giant KGHM fell 1 percent on the WSE in early morning trading, as did PKN Orlen and Pekao.