SME share prices tumble on WSE

A strong correction in the share price of small and medium sized enterprises listed on the Warsaw Stock Exchange hit yesterday, but it is a rare occurrence that the indices fall so sharply without one solid reason. The worsening situation has been attributed to record high oil prices and unstable conditions on global markets, however,  These factors alone are not enough to explain why the WSE was the second hardest hit following the United Arab Emirates. The small enterprises index sWIG80 lost 4.3% in value, mWIG40, which comprises medium sized enterprises fell by 3.2%, while the WIG's value tumbled 2.6% to the lowest level in two months. (Parkiet, p. 1; Rzeczpospolita, p. B1) A.K.  Image Courtesy of Parkiet.com