WSE feels the effect as US House rejects rescue plan
The loss was a result of the fatal trading session in the US monday which was caused by the rejection of the $700 billion rescue plan of the banking sector by the US House of Representatives.
However, later on during the day the falling trend on the WSE was halted.
WIG20 gained 2.14 percent by the end of the trading session, the sWIG80 went up by 1.15 percent, while mWIG40 lost 0.45 percent.
Among the largest enterprises, the most significant fall in value was witnessed by copper conglomerate KGHM, which after losing almost 12 percent on Monday went down by another 4.13 percent yesterday.
Analysts warn, however, not to be too enthusiastic about the rises in value as the financial crisis continues.
Source: Rzeczpospolita (A.K.)
However, later on during the day the falling trend on the WSE was halted.
WIG20 gained 2.14 percent by the end of the trading session, the sWIG80 went up by 1.15 percent, while mWIG40 lost 0.45 percent.
Among the largest enterprises, the most significant fall in value was witnessed by copper conglomerate KGHM, which after losing almost 12 percent on Monday went down by another 4.13 percent yesterday.
Analysts warn, however, not to be too enthusiastic about the rises in value as the financial crisis continues.
Source: Rzeczpospolita (A.K.)