Stock Exchange. , photo:
WSE Management Board wants to focus on organic growth and does not take into account the alliance with Vienna – told reporters on Tuesday the president of the stock exchange Paweł Tamborski.
Thus, the board of victory concept of development based on the domestic market.
– After a careful examination of the possible options for regional development and taking into account the high growth potential of the Polish economy and capital markets, the WSE decided to focus currently organic growth. This does not preclude cooperation with CEESEG in individual projects – said Tamborski.
– We should fully exploit the possibilities of further development of the WSE and offer market participants offer, which will indirectly strengthen the position of the Warsaw Stock Exchange in Central and Eastern Europe, and thus lead to an increase value for our shareholders. On the Polish capital market disappeared uncertainty about pension funds. This case was settled to better than expected by the market, which we hope will have a positive impact on the potential of the Warsaw Stock Exchange – said Paweł Tamborski, CEO of the Stock Exchange.
Analysts – internal market may not be enough
exchange board decision surprised analysts. – This is another revolution after the decisions on stock market indices – said Marcin Kiepas gospodarka.polskieradio.pl portal, Admiral Markets analyst.
In Poland, a small potential capital
He says that the new management puts on its own market and carry out the validation of listed companies, it is a good sign. So much, that it may not be enough to develop the Warsaw Parkiet wings. – Gone are the big privatizations grabbing money from the internal market, the GDP growth or not is going to be in Poland wystrzałowo, thus setting the internal capital, may not be enough, says Kiepas.
WSE should look for a partner
The analyst does not know the calculations for the alliance with the stock exchange in Vienna, but do not qualify is a good sign. – In the era of globalization, the stock market like ours should look for a partner, he says. Otherwise, as stated, can threaten us marginalization and you may find that a plan providing for the creation of the Warsaw Stock Exchange parquet central region, you can forget it.
MSP supports the decision of the board
Deputy Treasury Minister Wojciech Kowalczyk said that the department “fully” supports the recommendation of the Management Board of the Warsaw Stock Exchange suspended talks with Vienna.
The decision – economic calculations
– Behind this decision spoke economic calculation. Currently, the most important challenge for the Warsaw Stock Exchange is to increase liquidity in the market, which ensures its development – said Kowalczyk quoted in the statement sent to PAP.
WSE must strengthen the business model
He added that the end of October, the WSE Management Board will present an updated strategy for containing solutions that will strengthen the security of the business model of the Warsaw Stock Exchange, in the long-term and sustainable value creation for shareholders .
– We are confident that in the next few years WSE gets much stronger position in the international arena and it is possible that the return to talks on consolidation of foreign partners – he stressed.
In the future, possible to return to talks with the Vienna
The President of the Stock Exchange does not rule out an eventual return to the topic connection with the exchange in Vienna, but does not indicate when they would come to that.
Tamborski Paul emphasizes that he is optimistic about the development of the company in the internal market. This may include the Polish Power Exchange.
Vienna was the brainchild b. WSE president Ludwik Sobolewski
The idea of combining the parquet Vienna appeared on the Stock Exchange a few years ago when the president of the capital stock exchange was still Ludwik Sobolewski.
The previous president Adam Maciejewski was heavily involved in the project and announced its early finalization.
IAR, PAP, Yaroslav Krawędkowski
No comments:
Post a Comment