The Warsaw bourse is a leader in the Central-Eastern and South-Eastern European region, in terms of trading value in equities in the year to April-end period. The turnover value on the WSE market in this period has not only exceed that of the Wiener Boerse (WB) but also that of the Athens Exchange (AE).
Equities trading value in the first four months of 2009 reached EUR 10.69bn on the WSE and EUR 10.62bn in Athens as well as EUR 10.03bn on Wiener Boerse.
The April turnover value on the WSE and AE increased ca. 23% compared to March ’09 whereas on WB by 18%.
“Warsaw shapes into an international market – the main equities trading venue in the region. This process is exemplified not only by a large number of foreign companies listed on the WSE but also by increasing interest of global investors, which translates e.g. into an expanding list of Exchange Members including foreign investment firms.” – Ludwik Sobolewski, WSE President and CEO, noted.
There are currently 46 firms approved as WSE Exchange Members, including 17 foreign companies from Austria, Czech Rep., Estonia, France, Germany, Hungary, UK, Slovakia and Sweden.
Capitalisation
WSE market capitalisation (in EUR) increased 27% in April ’09 and thus reached the level from December ’08. At the same time, the value of domestic companies listed in Warsaw exceeded that in Wiener Boerse by 9%. “At the start of 2008, the difference in capitalisation between Vienna and Warsaw was EUR 12bn, in favor of the Austrian market. Currently, the value of companies listed on the WSE is EUR 5bn higher. Given the development perspectives and the dynamic of the Warsaw bourse, that difference will increase, to the benefit of the WSE.” – Ludwik Sobolewski added.
The Warsaw bourse is proud to run a trading venue with the highest number of listed companies in the region, the largest derivatives market and the second largest in terms of domestic companies capitalisation.
Considering the number and value of Initial Public Offerings, the Warsaw bourse is not only ahead of all exchanges in the region but also a Europe-wide leader. According to IPO Watch Europe Report, 6 out of 18 IPOs taking place on the European stock exchanges in the first quarter of current year were in Warsaw. Also in value terms, the WSE came first in IPO rankings in this period.
