The Warsaw Stock Exchange Quickly Recovered From the Election Shock
5 Articles
5 Articles
Investors trading on the Warsaw Stock Exchange did not rush into a panic sale, although Karol Nawrocki's election victory is not the scenario expected by the market.
17:59 Polish stock and bond markets fell on Monday as nationalist Karol Nawrocki won Poland's presidential election on Sunday.
The results of the second round of the presidential elections caused a sharp decline on the Warsaw Stock Exchange. Bank shares sank the lowest, even over 7%. When the initial emotions subsided, the indices rose slightly, but they are still red. The Polish stock exchange is the weakest in Europe. For how long?
The initial reaction of the Warsaw Stock Exchange to Karol Nawrocki's victory was negative, although a rebound appeared after a dozen or so minutes of trading. There are no spectacular declines - said Dr. Kamil Gemra from SGH. There is also the question of whether there will be early elections - this worries investors
The Warsaw Stock Exchange reacted to the election results on Monday morning. Companies and banks fell on the floor.
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