Moody mid-winter

The indices dropped at the news of Sławomir Skrzypek’s nomination for the president of the National Bank of Poland. The nomination caused concern on the market, mainly among foreign investors, who were expecting the new central banker to be a better known economist. The bad sentiment dragged on for a few days, but the second week of the month saw a lightening of the mood on the Warsaw bourse. Thanks to encouraging developments on the international markets, the indices went up, and January 18th was one of the best days in the WSE’s history. Not only did nearly all of the bourse’s indexes reach all-time highs, but also the turnover hit a historic high (over PLN 3.5 bln). The end of January is the period when companies publish their results for the previous year, so investors on the WSE focus their attention on specific companies.Meanwhile, the biggest event in January was the debut of Warimpex, an Austrian company which on the Warsaw and Vienna stock exchanges floated