Trading On Warsaw Stock Exchange: September 2013

•  The value of session trading in equities on the Main Market was PLN 20.4 billion in September 2013, an increase of 35.6% year on year; the average value of trading per session was nearly PLN 1.0 billion.
• The incremental value of total trading in equities on the Main Market was PLN 193.7 billion year to date, an increase of 24.9% year on year.
• The total volume of trading in index futures was 997.5 thousand contracts in September 2013, an increase of 13.9% year on year.
• September was a record-breaking month this year in terms of the volume of forward transactions in electricity, which was 21.7 TWh.
• The incremental volume of spot and forward transactions in electricity reached 128.2 TWh year to date, an increase by 73.0% year on year.
• The aggregate volume of spot and forward transactions in natural gas was 106.4 GWh in September 2013 while the incremental volume was 686.9 GWh year to date.

Warsaw Stock Exchange publishes September turnover data for the markets operated by WSE Group.

Equities Market¹⁾

Main Market

The value of session trading in equities on the Main Market was PLN 20.4 billion in September 2013, an increase of 35.6% year on year. The average value of trading per session increased by 29.2% year on year from PLN 752.1 million in September 2012 to PLN 971.6 million in September 2013.

The incremental value of session trading increased year on year from PLN 142.3 billion in Q1-3 2012 to PLN 165.3 billion in Q1-3 2013 (by 16.2%).

The total value of trading in equities on the Main Market was PLN 22.2 billion in September 2013, an increase of 41.3% year on year (PLN 15.7 billion in September 2012). The incremental turnover year to date was PLN 193.7 billion, an increase of 24.9% year on year.

The WIG index gained 15.0% year on year and gained 6.0% year to date at the end of September 2013.

NewConnect

The total value of trading on NewConnect increased by 40.9% year on year from PLN 84.7 million in September 2012 to PLN 119.3 million in September 2013. The incremental value of trading on NewConnect year to date was PLN 817.9 million in Q1-3 2013, a decrease of 19.0% year on year.

The NCIndex lost 4.2% year to date and lost 8.2% year on year at the end of September 2013.

Derivative Instruments Market ²⁾

Futures contracts: The monthly volume of trading in index futures was 997.5 thousand contracts in September 2013 compared to 875.4 thousand contracts in September 2012 (an increase of 13.9%). The average daily volume of trading in index futures was 47.5 thousand contracts in September 2013 and 43.8 thousand contracts in September 2012. The number of open interest in index futures increased by 3.3% year on year to 97.7 thousand at the end of September 2013.

The incremental volume of trading in index futures year to date was 6.4 million contracts, a decrease of 10.2% compared to 7.2 million contracts in Q1-3 2012.

The volume of trading in single-stock futures increased modestly by 4.1% year on year (from 38.1 thousand contracts in September 2012 to 39.6 thousand contracts in September 2013). The volume of trading in currency futures was 327.1 thousand in September 2013, more than a double increase year on year.

Options: The volume of trading in WIG20 index options was 88.4 thousand in September 2013, an increase of 17.3% year on year compared to 75.4 thousand options in September 2012. The incremental volume of trading in options year to date increased by 31.8% from 491.6 thousand options in Q1-3 2012 to 648.0 thousand options in Q1-3 2013.

Debt Instruments Market

Catalyst

The value of listed series (corporate, municipal and mortgage bonds) stood at PLN 59.2 billion at the end of September 2013 compared to PLN 48.8 billion in September 2012 (an increase of 21.3%). The monthly value of total trading decreased by 7.1% from PLN 170.4 million in September 2012 to PLN 158.4 million in September 2013.

Treasury BondSpot Poland

The value of cash transactions on Treasury BondSpot Poland decreased by 50.4% year on year to PLN 21.6 billion in September 2013. The value of conditional transactions also decreased by 45.1% from PLN 62.1 billion in September 2012 to PLN 34.1 billion in September 2013.

Structured Products, ETFs and Investment Certificates Market

Structured products and investment certificates: The aggregate value of trading in structured products and investment certificates increased by 75.8% from PLN 19.2 million in September 2012 to PLN 33.7 million in September 2013. 

ETFs: The value of trading in ETFs increased by 17.3% from PLN 17.2 million in September 2012 to PLN 20.1 million in September 2013.

Commodity Market³⁾

Electricity: The volume of forward transactions on the electricity market reached 21.7 TWh in September 2013, nearly a double increase year on year. This year, September was the best month in terms of the volume of trading. The incremental volume of forward transactions in electricity year to date increased by 91.6% year on year and stood at 112.0 TWh. The volume of spot transactions in electricity increased from 1.4 TWh in September 2012 to 1.8 TWh in September 2013 (by 25.4%).

Property rights: The monthly volume of trading in property rights decreased by 50.2% year on year from 4.7 TWh in September 2012 to 2.3 TWh in September 2013. The volume of trading in property rights was 33.5 TWh in Q1-3 2013, a decrease of 26.6% compared to 45.6 TWh in Q1-3 2012.

Natural gas: The total volume of trading on the gas market was 106.4 GWh in September 2013 (22.4 GWh of spot transactions and 84.0 GWh of forward transactions). The incremental total volume of trading in natural gas year to date was 686.9 GWh in Q1-3 2013.

WSE held 21 trading sessions in September 2013, one more than in September 2012.

 

1)     transactions in shares, allotment certificates and subscription rights

2)     the volume of trading in currency futures is calculated on the basis of a trading unit equal to 1,000 contracts as of 1 May 2012 (previously: 10,000 contracts); consequently, incremental data (the volume of trading in currency futures and the total volume of trading in derivative instruments) are not fully comparable to previous periods

3)     transactions on poee WSE EM (until 31 March 2013) and the Polish Power Exchange. WSE acquired a majority stake in the Polish Power Exchange on 24 February 2012. The gas exchange was opened as a part of PolPX in December 2012.