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Blue Chips Rising High.
(From Polish News Bulletin)
After three days of slumps, the WSE finally managed to bounce back in a big way. While early in the day the WIG20 blue chips index slipped below the level of 2,500 points, the buyers dominated the floor during the rest of the session. The upward trend was halted for a short time at midday only to recommence after the arrival of positive macroeconomic news from the US. Among the blue chips, the strongest share price rises were observed in KGHM and the representatives of the banking sector, which indicates involvement of foreign capital. Still, it is too early for optimism, as in order to permanently reverse the recently observed downward …
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