Poland: goodbye Wig20, hello Wig30 | beyondbrics

Poland: goodbye Wig20, hello Wig30 | beyondbrics:

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The Warsaw Stock Exchange is to launch a new, expanded WIG30 index of its 30 largest and most liquid listed companies next month.

The WSE hopes the move will boost interest among investors in the additional 10 stocks. It also hopes more of the biggest companies in central and eastern Europe will want to be listed on it.

Since the bourse began publishing its blue chip WIG20 index in 1994, Poland’s economy and its capital markets have transformed. The number of companies listed on the main market has grown from 24 to 443 and capitalization of domestic companies has risen from €1.7bn to €124bn."

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