The index has been designed to present the performance of high technology companies. The TechWIG, a price index, provides a measure for evaluating the performance of all companies grouped within the Warsaw Stock Exchange SiTech market. It will allow investors to follow the performance of technology companies more easily. The launch of the index reflects the growing interest of investors, both individual and institutional in the high-tech sector.
The TechWIG will be calculated in real-time every minute during continuous trading. The index base date is December 31, 1999, and its base value equals 1,000 points. Companies included in the new index will still be included in their existing WSE indices.
In the future the Warsaw Stock Exchange plans to launch futures contracts on the new index.
A detailed description of the WSE TechWIG index will be available shortly on the Internet at www.wse.com.pl
