Normality returns to the markets following the recent political turmoil

On Monday, when the fate of the government was still unsure, the dominant trend among investors was to sell their shares. "This trend encompassed the złoty, bonds and shares. Now investors are calming down," said Tomasz Zdyb, analyst with Pekao. "The bourse standing of shares in general quickly regained levels noted before 3.15 pm on Monday, when we received information that the President was considering dissolving the Sejm. In reality it was only yesterday when investors noticed positive data on the balance of trade, which were pushed to the background by the turmoil on the political scene," stated Tomasz Wronka, head of the analyses division in X-Trade Brokers DM. Experts believe that investors also feared that conflicts within the government could force Finance Minister Zyta Gilowska to resign, as she guarantees certain level of rationality when it comes to public finances. (Puls Biznesu, p. 5) D.W.