Breaking new ground

After Q3 2005, the Warsaw Stock Exchange (WSE) reports that the value of equity traded on the bourse has reached  zł.122 billion, exceeding the whole of 2004 by zł.13 billion.

The benchmark WIG index rose 26.9 percent, while blue-chip companies listed on  the WIG20 increased their share value by 28.5 percent. The share prices on the WSE's construction-company index, the WIG Budownictwo, experienced the biggest increase among sub-markets, with an increase of 37 percent.

In the first quarter of 2005, 28 new companies debuted on the WSE. Their overall value exceeded zł.6.4 billion, giving the WSE the third best result among all European bourses. Also, at the end of September, 77 companies paid out a record-high zł.7.9 billion in dividends, tripling last year's payouts.

The futures market broke records too, with futures contracts reaching a turnover of 3.8 million units by the end of Q3, already surpassing the whole of 2004 by 200,000. The number of options contracts traded reached 147,000 - double the whole of 2004's results.

WSE capitalization reached zł.273.3 billion among domestic companies only, higher than the same period in 2004 by almost 60 billion.