Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Investor Activity On GPW Group Markets – December 2021

Date 04/01/2022

  • GPW Main Market Electronic Order Book1 equities turnover value decreased by 34.3% YoY to PLN 22.7 billion
  • Derivatives turnover volume increased by 21.1% YoY to 1,600,000 contracts
  • Non-Treasury bonds EOB turnover value on Catalyst increased by 65.1% YoY to PLN 367.8 million
  • Bonds turnover value on TBSP increased by 54.8% YoY to PLN 26.2 billion
  • Electricity turnover volume increased by 0.02% to 17.7 TWh
  • Natural gas turnover volume increased by 17.0% YoY to 17.2 TWh
  • Turnover in Guarantees of Origin of RES electricity increased by 56.7% to 3.5 TWh

In December 2021, total equities turnover value on the GPW Main Market was PLN 24.2 billion, representing a 31.3% decrease year on year, while Electronic Order Book turnover value decreased by 34.3% year on year to PLN 22.7 billion. Average daily Electronic Order Book equities turnover value stood at PLN 1,078.9 million, a 37.4% decrease year on year. On the last trading day of December 2021, the WIG index closed at 69,296.26 points, representing a 21.5% increase year on year.

Total December 2021 NewConnect equities turnover value decreased by 65.7% year on year to PLN 404.8 million, while Electronic Order Book equities turnover decreased by 68.0% year on year and stood at PLN 372.9 million.

Total December 2021 derivatives turnover volume was 1,600,000 contracts, representing a 21.1% increase year on year. Index futures turnover volume increased by 3.8% year on year to 564,600 contracts. Single-stock futures turnover volume decreased by 25.8% year on year to 182,700 contracts. Currency futures turnover volume increased by 64.3% year on year to 836,500 contracts.

In December 2021, structured products turnover value decreased by 6.4% year on year to PLN 236.9 million. ETF turnover value decreased by 3.4% year on year to PLN 69.1 million.

At the end of December 2021, Catalyst listed non-Treasury bond value was PLN 95.1 billion, compared to PLN 99.4 billion at the end of December 2020. In December 2021, turnover value of non-Treasury bonds on Catalyst’s Electronic Order Book increased by 65.1% year on year to PLN 367.8 million.

In December 2021, total TBSP bond turnover value was PLN 26.2 billion, compared to PLN 16.9 billion in December 2020, representing a 54.8% increase year on year.

Total December 2021 electricity turnover volume was 17.7 TWh, representing a 0.02% increase year on year, where spot transaction turnover volume decreased by 9.2% year on year to 3.0 TWh and forward transaction turnover volume increased by 2.1% year on year to 14.8 TWh.

Total December 2021 natural gas turnover volume was 17.2 TWh, representing a 17.0% increase year on year, where spot transaction turnover volume decreased by 10.2% year on year to 3.8 TWh and forward transaction turnover volume increased by 27.8% year on year to 13.4 TWh.

Turnover volume of December 2021 spot transactions in property rights to certificates of origin, excluding rights to certificates of energy efficiency (“white certificates”)2, was 2.5 TWh, representing a 9.2% decrease year on year.

In December 2021, turnover volume of property rights to certificates of origin of energy efficiency (“white certificates”) decreased by 22.7% year on year to 8.0 ktoe3.

December 2021 turnover volume in Guarantees of Origin of electricity generated from renewable energy sources increased by 56.7% year on year to 3.5 TWh.

At the end of December 2021, the market capitalisation of 383 domestic companies listed on the Main Market was PLN 701.2 billion (EUR 152.7 billion), while the total market capitalisation of 430 domestic and foreign companies listed on the Main Market was PLN 1,312.7 billion (EUR 285.9 billion).

Shares of the companies BIG CHEESE STUDIO (offering value PLN 27.9 million), GRUPA PRACUJ (offering value PLN 1.1 billion), STS HOLDING (offering value PLN 1.1 billion) and BIO PLANET (transfer from NewConnect; offering value PLN 9.8 million) were newly listed on the Main Market in December 2021.

Shares of the companies ASMODEV S.A. (offering value PLN 13.2 million), IRON WOLF STUDIO S.A. (offering value PLN 4 million), RENDER CUBE S.A. (offering value PLN 9.9 million) were newly listed on NewConnect in December 2021.

In December 2021, GPW held 21 trading sessions compared to 20 trading sessions in December 2020.

 The appendix presents turnover data for the markets operated by GPW.

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1 Trading in the session, net of block trades.
2 Certificates of origin of energy efficiency (“white certificates”) are issued, traded, and cleared in different metric units than other certificates on TGE (toe – tonne of oil equivalent; amount of energy equivalent to one metric tonne of crude oil with a calorific value of 10,000 kcal/kg).
3 Ktoe = 1,000 toe, Mtoe = 1,000,000 toe.