- WSE bonds sold to individual investors were newly listed;
- Foreign investors had the biggest share in trading in 2011;
- WSE acquired POLPX shares.
Key Events
The 2011 Stock Market Review Gala took place at Centrum Giełdowe in Warsaw on 9 February 2012.
During the event, awards were presented to those brokers who contributed in a special way to the development of the Polish stock exchange market in the past year.
***
On 9 February, the Exchange published the new portfolios of the indices WIG20, mWIG40, sWIG80 and WIG-Plus effective after 16 March 2012. As a result of the March revision, GETIN and PBG will be replaced by BORYSZEW and SYNTHOS in the WIG20 index portfolio.
***
On 20 February, WSE series B bonds were newly listed on the WSE regulated market on Catalyst. The bonds had been sold in a public offering addressed only to individual investors. Individual investors placed 1,777 subscriptions for the WSE’s debt instruments. According to the prospectus, the Exchange reduced the subscriptions in proportion to demand, by more than 25 percent.
***
On 20 February, the Exchange published information about the share of investors in financial instruments trading in 2011. According to the survey, foreign investors had the dominant share on the Main Market in H1 and H2 2011 and generated 47% of equities trading in all of 2011. Domestic financial institutions maintained the second position in equities trading and generated 35% of turnover in all of 2011. Individual investors generated 18% of trading in all of 2011.
Individual investors played the dominant role on NewConnect and generated 75% of trading in 2011. Domestic individual investors generated 46% of trading in derivatives.
***
On 24 February, the WSE acquired shares of the Polish Power Exchange (POLPX or TGE) worth nearly PLN 180 million.
The Warsaw Stock Exchange holds shares representing 82.66% of the share capital of POLPX, which confer 82.66% of the total vote at the General Meeting of POLPX.
***
WSE signed market data distribution agreements with Notoria Serwis and Xelion
In February 2012, the WSE signed market data distribution agreements with Notoria Serwis and Xelion.
Both companies will supply WSE and NewConnect data feeds, and Notoria will also supply Catalyst data feeds.
The number of WSE data vendors grew to 59 companies, including 39 domestic and 20 foreign companies (UK, USA, Switzerland, Germany, France, Austria, Sweden, Denmark, Norway, and Slovakia).
Key Statistics
|
Percentage index change in February |
Year to date |
|
|
WIG20 |
-.65 |
8.05 |
|
MWIG40 |
5.02 |
13.72 |
|
SWIG80 |
10.28 |
22.26 |
|
WIG |
1.55 |
10.55 |
|
WIG-POLAND |
1.31 |
10.54 |
313 stocks listed on the Main Market generated positive returns.
|
Highest growth in stock prices in February |
|
|
|
|
Company |
Price at 29.02.2012 |
Price at 31.01.2012* |
% change |
|
WISTIL |
20.57 |
8.00 |
157.13 |
|
INTERSPPL |
4.00 |
1.70 |
135.29 |
|
STAPORKOW |
33.83 |
17.50 |
93.31 |
|
* for newly listed shares: reference price on the first day of trading |
|
|
|
The value of trading on the cash market was PLN 17,946 million, up by 1% month on month. The value of trading on the futures market was PLN 17,234.8 million, down by 6% month on month.
|
Trading in instruments (PLN mn) |
|
|
Shares and allotment certificates* |
17 946.00 |
|
Bonds* |
104.5 |
|
ETF* |
40.12 |
|
Futures contracts |
|
|
Value** |
17226.46 |
|
Volume (#) |
752508 |
|
Options |
|
|
Value** |
8.34 |
|
Volume (#) |
43124 |
|
Structured products |
|
|
Value* |
11.58 |
|
Volume (#) |
406972 |
|
*excluding block trades |
|
|
**based on the value of contracts/options |
|
New Listings
The business of the company covers the complete investment cycle of commercialisation of office properties from the acquisition of land to the construction of the property.
***
2 February - Mobile Factory
The company specialises in the development of mobile applications for smartphones and tablets.
***
6 February - M10
The issuer is a start-up. It operates a research, development and licensing business of investment algorithms and automatic investments based on proprietary investment algorithms.
***
15 February - Fachowcy.pl
The issuer operates an internet portal for individual users who are looking for reliable professional providers and vendors.
***
16 February - Partner-Nieruchomości
The issuer’s business is to lease office space and warehouses and to lease industrial properties (land, production facilities).
***
17 February - Korporacja Budowlana KOPAHAUS
The company’s core business includes services, trade and production in the segment of comprehensive construction projects.
***
23 February - Playmakers
The issuer’s core business is to produce and broadcast online advanced audio-visual materials (including 3D productions).
***
24 February - Aduma
The issuer produces interactive (movement-sensitive) and tactile (touch-sensitive) technologies.
***
28 February - Modecom
Modecom is an importer and distributor of computer components.
Key Statistics
|
Percentage index change in February |
Year to date |
|
|
NCINDEX |
3.51 |
2.79 |
|
NCXLIFESCI |
8.4 |
13.32 |
169 stocks listed on NewConnect generated positive returns.
|
Highest growth in stock prices in February |
|
|
|
|
Company |
Price at 29.02.2012 |
Price at 31.01.2012* |
% change |
|
MDEVELOP |
0.45 |
0.15 |
200.00 |
|
M10 |
0.28 |
0.10 |
180.00 |
|
IGORIA |
0.43 |
0.19 |
126.32 |
The value of trading in shares and allotment certificates on NewConnect was PLN 167.5 million, up by 140% month on month.
|
Trading in instruments (PLN mn) * |
|
|
Shares |
152.3 |
|
Allotment certificates |
15.24 |
|
* excluding block trades |
|
The highlight of February on Catalyst was the new listing of WSE series B bonds sold in a public offering addressed to individual investors. The bonds were introduced to the main market operated by the WSE and to the ATS on BondSpot. As a result, individual investors who acquired WSE bonds can trade in and cash the instruments at any time even before maturity.
New Listings
3 February – TIMBERONE
Value of issue: PLN 1.855 mn
Yield: 12%
***
9 February 2012 - EAST PICTURES SA.
Value of issue: PLN 0.735 mn
Yield: 14%
***
20 February – Warsaw Stock Exchange
Value of issue, series A: PLN 170,000,000
Value of issue, series B: PLN 75,000,000
Yield: WIBOR 6M + margin 1.17 bp.
***
21 February- e-Kancelaria Grupa Prawno-Finansowa
Value of issue: PLN 1.95 mn
Yield: 13%
***
23 February - ODRATRANS
Value of issue: PLN 60 mn
Yield: WIBOR 6M + margin 4.00 bp.
Key Statistics
|
Trading on Catalyst (PLN mn) *
|
||
|
|
February |
January |
|
WSE |
45.97 |
19.14 |
|
BondSpot |
2.42 |
1.78 |
|
Total |
48.39 |
20.92 |
|
Instruments with the highest value of trading on Catalyst * |
|
|
Instrument |
(PLN mn) |
|
BPS0718 |
10.65 |
|
PBS1021 |
3.15 |
|
GPW0117 |
2.98 |
|
MBR0814 |
2.94 |
|
BRB0425 |
2.8 |
|
* total WSE and BondSpot |
|
