After the New Year less WIG-s on the Warsaw Stock Exchange – Virtual Poland

After the New Year less WIG-s on the Warsaw Stock Exchange – Virtual Poland

After the New Year the Warsaw Stock Exchange will cease to publish several stock market indices. In 2015. WIG50 disappear from the tables, WIG250 and WIG30 indices derived from WIG30lev and WIG30short. But will resume publication sWIG80.

Second ensures that WIG20 gathering the 20 most liquid companies on the Stock Exchange will remain a key indicator of the stock market situation, it still will be the main index and underlying for futures and options. Publication will be maintained WIG30 index, but the stock market will not be marketed derivatives based on that index. According to the Warsaw Stock Exchange after January 1, there will also be posted to the derivatives indexes: WIG30short and WIG30lev. Also disappear WIG50 and WIG250.

“Changes in the index of the largest companies will have an impact on the index of medium and small companies. MWIG40 index will be published under the existing rules and will resume publication sWIG80. At the same time cease publication of the Warsaw Stock Exchange WIG50 index and WIG250. The changes will also affect the derivatives market . WSE will focus on the development of the derivatives market and promoting instruments based on WIG20. To turn will not be introduced derivatives on indices WIG30 and WIG50 “- informed the Stock Exchange in a statement.

Positive change is estimated brokerage services team leader Brokerage Office Deutsche Bank Poland Tomasz Bednarski. According to him, the market will not especially miss liquidated indexes. “Revolution is not, the decision of the Warsaw Stock Exchange is the answer to the expectations of the market. The introduction of new indices by the previous management was to be the impetus for investment firms to offer new products, but this has not happened. Investors were not happy change” – said Bednarski.

WIG250 index has been calculated since March 24, 2014 of the year and includes up to 250 small companies listed on the Main Market of the Stock Exchange. The initial value of the index was 1000 points. WIG250 is an price index, which means that for its calculation takes into account only the prices of underlying transaction, and does not take into account the dividend income. The index WIG250 not the companies WIG30 and WIG50 indices and foreign companies listed on the Stock Exchange at the same time and other markets with the market value on the ranking of more than 100 million.

Also, WIG50 index is calculated from 24 March 2014 year. It includes 50 medium-sized companies listed on the Main Market of the Stock Exchange. The initial value of the index amounted to 2,552.54 points. WIG50 is also an price index. The WIG50 index is not the companies and WIG250 WIG30 index and foreign companies listed on the Stock Exchange at the same time and other markets with the market value on the ranking above € 1 billion.

The index is calculated WIG30short from 2 January 2014 years – is an index to the index WIG30 derivative, its value depends on the value of the index WIG30. He had to help invest in so-called. short selling, or playing on the decline. This index is formed symmetrically WIG30 index, ie. With a decrease WIG30 by 10 points. WIG30short increases by 10 points.

Also, WIG30lev index has been calculated since January 2, 2014 year. This index to WIG30 derivative, but it is relative to the lever: goes in the direction of WIG30, but with twice the force, ie. Increase WIG30 by 10 points. WIG30lev increases by 20 points. and vice versa.