Equity markets
Markets recover from PiS victory
Polish stock market bounced back from early morning sell-off yesterday, prompted by the news that Law and Justice (PiS), a hardline law and order group, got more votes and seats in Sunday?s parliamentary elections than its future coalition partner, liberal Civic Platform group. WIG20 blue chip index closed at 2486 points, up 1.2 percent from Friday?s closing. The index was down more than 1 percent in pre-afternoon trading. The zloty, however, lost ground to both the euro and US dollar,...