Warsaw Stock Exchange to open media index next year

The new index, WIG-Media will be launched on January 1st 2005 and it will encompass such media companies as: Agora, TVN, WSiP, Grupa Onet, RMF FM and ATM Grupa. After the bourse debut of TVN, the WSE management decided there are enough companies present on the bourse to create such a sub-index. "Some of the investors use the indexes to put together their investment portfolios. Their role is to help in making decisions," said Sebastian Słomka, head of analysts with BDM PKO BP. The total capitalization of the companies included in WIG-Media surpasses zł.6 billion, which is 2.5% of the whole market. (Puls Biznesu, p. 12) D.W.