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Poland: New Indices at WSE

Published: January 28, 2014; 11:23 · (Vindobona)

GPW, the operator of the Warsaw Stock Exchange (WSE) will introduce two new indices.

Poland: New Indices at WSE / Picture: © Warsaw Stock Exchange GPW

GPW announced its plans of launching two new indices, mid-cap WIG50 and small-cap WIG250 on March 24. The publication of the small-cap index sWIG 80 and WIG-Plus will be stopped after March 21, according to GPW. The mid-cap WIG50 will be offered instead of the mWIG40 index, which will be provided until the end of 2015. Stocks for WIG50 will be introduced on December 22 this year. According to the regulator, the small-cap index WIG250 will consist of companies from both sWIG80 and WIG-Plus.

Initially WSE announced the introduction of WIG50 and WIG100 indices. However, after consulting capital market participants in the last months, it was decided to create WIG250 whose portfolio will include stocks participating both in sWIG80 and WIG-Plus. Thus, the new index will include the smallest listed companies, becoming a stock exchange index tracking the performance of this category of securities.

“We will start to publish WIG50 and WIG250 in March 2014. As a result, we will create a new set of exchange indices, including WIG30, which is a better reflection of the market structure and the strong importance of small and medium-sized companies both on the exchange and in the economy. I am certain that this index model based on blue chip, midcap and smallcap stocks will provide investors with an optimal, transparent and reliable structure of classification of WSE listed companies for many years,” said Adam Maciejewski, President of the Management Board of WSE.

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