January being 10th month in a row of record increases on WSE

"January 2021 is the tenth month in a row in which the Warsaw Stock Exchange records record turnover," Marek Dietl, President of the WSE Management Board, said.  in the weekly "WSE video commentary" posted on the WSE's official social media channel. The value of trading in shares on the Main Market as part of the order book amounted to PLN 31.6 billion in January this year and was 74.5 percent higher than the year before.

The President of the WSE pointed to the growing popularity of ETF funds among investors.

“You can see that Poles are beginning to love this form of investing,” said Marek Dietl, noting that on Monday Nasdaq-100 Beta ETF debuts on the Warsaw Stock Exchange. 

“We buy one instrument and we are exposed to risks and returns related to the hundred most liquid American technology companies,” the president of the WSE explained.

“We hope that this extension of the offer also to foreign companies will attract more individual investors to our market,” Marek Dietl added. 

The Nasdaq-100 Beta ETF is the first Polish ETF investment fund on a foreign index and the first ETF hedged against currency risk.

The highest trading dynamics in January was recorded on NewConnect. The value of trade on the order book increased by 209.7 percent to PLN 1.1 billion. 

“The trading floor for young, innovative companies is celebrating its best times since its foundation - said Marek Dietl.

(WBJ)