WSE to be included in the FTSE Developed Markets index

According to the Warsaw Stock Exchange, Polish bourse is “close” to being included in the FTSE Developed Markets index. “FTSE is the first index agency that is close to giving Poland the status of a developed market,” WSE said in a market presentation. Since 2008, the bourse was included in the FTSE Advanced Emerging Markets category of the index. The FTSE Developed Index is a market-capitalization weighted index representing the performance of large and mid-cap companies in developed markets. It is being decided based on the level of economic development, quality of the domestic capital market, its regulation and infrastructure. According to the WSE management, if the bourse category gets upgraded, it will increase its attractiveness and availability to foreign investors.