Sektor finansowy. Giełda
Financial Sector. Stock Exchange
Author(s): Lesław PietrewiczSubject(s): Economy
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: WSE; market trend; IPO; financial center; WSE strategy; Catalyst market
Summary/Abstract: In the first half of September the WSE main indexes soared leaving a year-long horizontal trend. It suggests better prospects for Polish stocks. Financial markets should feature relatively low risk premium and high price volatility. The WSE quantity-maximizing strategy comes at the cost of market quality. Spectacular bankruptcies of the Catalyst-floated bond issuers substantially worsen the market’s prospects in the short and medium term.
Journal: Gospodarka Polski - Prognozy i Opinie
- Issue Year: 2012
- Issue No: 21
- Page Range: 44-49
- Page Count: 6
- Language: Polish