More and more Poles invest in stock exchange
17:14
The Warsaw Stock Exchange (WSE) expects the growing interest of individual investors to continue. The recent debuts of Allegro and Canal + Polska are to contribute to this. The company expects a good fourth quarter of 2020. Good results from October are treated as their announcement.
"We expect that the interest of individual investors in the stock exchange will continue. It is said that investors are leaving abroad, but at the same time foreign investors come to us because investors are where you can earn," Izabela Olszewska, member of the WSE management board, said.
As she emphasized, the company strongly believes in the current sequence of debuts on the Warsaw Stock Exchange (IPO). According to Olszewska, the SPO (secondary market) is also working very well.
"We are working hard on the anticipated series of IPOs, currently there are 23 companies that have either announced an initial issue of shares or are at an advanced stage of preparation. We are talking about large companies like Canal +," she added.
According to Olszewska, the fact that Allegro was included in many international indices also contributed to the increased interest of foreign investors on the WSE.
"The boom on NewConnect is underway, this market is gaining more and more recognition also in the eyes of foreign investors. We also anticipate that the market of structured products will continue to develop because we see interest on the part of investors and issuers,” Olszewska emphasized.
The WSE operates a regulated market for equities and derivatives, as well as an alternative NewConnect stock market for growth companies. Catalyst is also developing – a market for issuers of corporate and municipal bonds as well as commodity markets. Since 2010, the WSE has been a public company listed on the trading floor it operates.
