During the week 20/06/2016 – 26/06/2016, the value of carefully selected stocks went up +1.23% versus WIG20 return +0.87% and WIG +0.37%.
Congratulations to British people for taking a brave decision. I will not give my opinions on this topic because it is not a political blog but I want to say that I know that it is always difficult to change something even when we are not happy with our current situation. Changes are always difficult. The United Kingdom is now in an uncharted territory. I think it will have advantages as well as disadvantages just like every decision.
I am glad that it is finally after the UK’s EU referendum now. The investors hate waiting for decisions. They do not feel good with uncertainty, that is why I think now some of the markets will go up again.
I will show my predictions concerning wider economic effects in another post but I think in a long term perspective it is a good decision for people leaving in the UK.
WSE wallet -total return: +2.92%
Week 20/06/2016 – 26/06/2016 +1.23%
Week 13/06/2016 – 19/06/2016 -3.76%
Week 06/06/2016 – 12/06/2016 -0.03%
Week 30/05/2016 – 05/06/2016 -1.90%
Week 23/05/2016 – 29/05/2016 +3.33%
Week 16/05/2016 – 22/05/2016 +1.54%
Week 09/05/2016 – 15/05/2016 +1.71%
Week 02/05/2016 – 08/05/2016 -1.05%
Week 25/04/2016 – 01/05/2016 -2.81%
Week 18/04/2016 – 24/04/2016 +1.26%
Week 11/04/2016 – 17/04/2016 +0.04%
Week 04/04/2016 – 10/04/2016 +2.74%
Week 28/03/2016 – 03/04/2016 +0.85%
Total return:
+2.92% – WSE wallet
-7.14% – WIG – Warszawski Indeks Giełdowy (Warsaw Stock Exchange Index)
-9.65% – WIG20