Temporary decline on a stock exchange
2008-04-05, added by
mzamojski
Categories: [ Economy ]
Stock exchange in Warsaw react really fast after news from USA, that unemployment decreased there by 5,1%.
In March, in non-agricultural sectors the number of workplace plummeted drastically, the decrease account for 80.000. One could hear earlier that America is going into recession phase.
Warsaw stock exchange reacted very negatively to such an information. In few seconds WIG20 index lost more than 25 points and stopped at the level of previous day closing. Thereby WIG20 surveyed whole growth, which was made during session. Later index slighly increased and made up a loss. At 3 p. m. index WIG20 gained 0,3 percent, index WIG rised 0,16 percent.
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