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Optimism Returns to WSE.
(From Polish News Bulletin)
The end of the week on the Warsaw Stock Exchange (WSE) allows for an optimistic forecast concerning the outcome of future sessions, but caution should be maintained. Some analysts have previously suggested that the strong correction is a chance to buy undervalued stock. But despite the positive closing of Friday's session, the good mood may be spoiled by the atmosphere on emerging markets. Global interest rates are on the rise and some investors prefer to choose safe investments. But there is something to feel cheerful about, anyway. "It seems this is the end of the downward correction," said Wlodzimierz Giller, analyst at Deutsche Securities. In his opinion, whether or not the WIG20 is able to cut through the 2950-3000 points level will prove crucial for the future of the ...
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- News wire article from: Europe Intelligence Wire October 18, 2005 700+ words
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