WSE with the third most IPOs in Europe – PwC

The Warsaw Stock Exchange placed third in the annual PwC ranking of the European bourses with the highest number of IPOs last year. WSE had 28 initial public offerings in 2016 (compared to 33 in 2015), behind the London bourse (697 IPOs) and the Nordic Nasdaq OMX with 80 floatings. When it comes to value of IPOs, WSE fared a little worse placing only tenth with €262 million. Nasdaq OMX took the first post again with over €7.86 billion. The Polish bourse picked up the speed at the end of the year. The value of IPOs in Q4 was €147 million. But the report also notices that last year was also record-breaking when it comes to delisting. As many as 19 companies ceased its trading on the WSE. According to PwC experts, 2017 could be better when it comes to IPOs on the Warsaw bourse with many IPOs already in the pipeline.