The Warsaw Stock Exchange (WSE) is not slowing down. While most European stock exchanges in the data of the Federation of European Stock Exchanges (FESE) recorded declines or only symbolic increases in the first quarter of 2021, our trading floor continued to shine exceptionally strong compared to the rest of Europe.

"Two countries stood out in the first quarter: Luxembourg and Poland. In these countries, the number of jobs increased and the financial markets are also exceptionally strong. The turnover on the Luxembourg stock exchange increased by almost 20 percent and on the Warsaw stock exchange by almost 50 percent," Marek Dietl, President of the WSE management board, said.

In the first three months of 2021, the value of trading in shares on the order book on the WSE Main Market exceeded PLN 93 billion (€21 billion). It is about 47 percent more compared to the first quarter of last year, including March – that is, the first month of the pandemic and the resulting rapid volatility on the market. This is the best result among all the markets included in the FESE ranking. In most markets, the turnover in the first months of this year was lower than in 2020.

"In the first quarter of 2021, we also saw a revival on the European stock exchanges in terms of the number of IPOs. All over Europe, there were as many as 86 of them. Against this background, the Warsaw Stock Exchange looks impressive with 9 IPOs. It was the best quarter in many years," Marek Dietl commented.

(WBJ)