JSW's share price surges after the publication of the results

Major stock market indices in the United States corrected their recent gains yesterday (S&P 500 -1,54 percent, DJIA -1,45 percent, Nasdaq Composite -1,58 percent).. This morning on stock exchanges in Asia and Oceania over 5 percent. Hang Seng's height attracted attention. India's SENSEX 30 reached its next all-time high.

UK100 highest since August

In Europe, slight gains of the main stock market indices prevailed slightly this morning. Approx. time. 9:30 the strongest - by 0,83 percent. ' exclaimed the British UK100which was at its highest level since August.

Approx. time. At 9:30 a.m. WIG-20 rose by 0,5 percent. Among the components of this index almost 9 percent JSW shares stood out with their price increase. After the publication of the results after Q6,3 this year, (PLN 6,31 billion against the company's capitalization of PLN XNUMX billion!) the company's share price reached the highest level since the end of August.

Profitability down

Yields of 10-year treasury bonds in the US and Europe were falling today in the morning. The yield of Polish 10Y bonds tried to attack its 2-month low from 3 sessions ago.

Contract price for oil, which yesterday reached its lowest since the end of December (WTI on NYMEX) or the lowest since the beginning of January (Brent on ICE), but later made up for losses, this morning it went up again (WTI +2,12 percent, Brent +1,94 percent around 9:15 a.m. ). Metals went up today: approx. 9:15 am on COMEX copper +1,16%, gold +0,74%, silver +1,22%, and on NYNEX platinum +1,31 and palladium +1,87%.

The dollar is weakening

Courses EUR / USD, which yesterday reached the highest level in 5 months, slightly lower than 1,05, but in the afternoon gave up the previously gained territory with a surplus, today at approx. At 9:05 he tried to make up for losses (+0,33%). The US dollar also weakened against the Japanese yen, attacking its November lows.

The Polish zloty strengthened slightly today in the morning (EUR/PLN -0,14 percent, USD/PLN -0,37 percent).

The Bitcoin exchange rate against the US dollar, which fell to the lowest level in over 2 years more than a week ago, increased today at approx. 9:00 by +1,53%

Source: Wojciech Białek, OANDA TMS Brokers