WIG hits a record high

 

WIG peaked at 67 933,05 points during the trading session on 23 January. It is an all-time high of the oldest index on the Warsaw Stock Exchange.

WIG peaked at 67933,05 points on GPW today, hitting an all-time high. The previous record of 67,568.51 points was reported on 6 July 2007.

The historical high of the WIG index on the exchange confirms the strong position of listed companies and reflects the excellent condition of the national economy. In addition to recently peaking indices (WIG-Poland,WIG-banki, WIGdiv), trade in equities increased over the past year. Surging by 28% yoy, GPW is in the lead, ahead of the Bucharest and Vienna stock exchanges, Deutsche Boerse, and Euronext,” said GPW President Marek Dietl.

WIG included 391 stocks at 2017 year-end. The market capitalisation of the participating companies represented 98.5% of the total capitalisation of al stocks on the GPW Main Market.

WIG is the first exchange index launched on 16 April 1991. Its initial value was 1,000 points. The index covers large and mid-sized stocks traded on the main market in equities. WIG is a diversified index as the share of participating stocks and sectors is capped. WIG is a total return index: its value includes both the price of transactions in the participating shares and income from dividends and subscription rights.

 

Source: GPW Press

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