WSE suffers another terrible day, hits five year low
The WIG20 lost 5.79 percent and was pulled down mainly by Bioton, Agora and KGHM. The wider WIG index lost 4.81 percent and hit its lowest level since December 2003. The falls were accompanied by larger than usual turnover, which stood at zł.1.3 billion.
These results came as analysts fear the deepening global recession. In the US, the number of those who registered as unemployed hit a 16 year high, while the price of oil fell in London to below USD 50 per barrel as European bourses also suffered major loses.
Sources: Rzeczpospolita, Parkiet (A.K.)
These results came as analysts fear the deepening global recession. In the US, the number of those who registered as unemployed hit a 16 year high, while the price of oil fell in London to below USD 50 per barrel as European bourses also suffered major loses.
Sources: Rzeczpospolita, Parkiet (A.K.)
