📢 Weekly Blast #20 (13-17May2024)
Snapshot of actionable insights from the Polish stock exchange
👋 Welcome to the Weekly Blast - a snapshot of actionable insights from the past week you don't want to miss: recommendations, insider trading, company updates, significant contracts for small & mid caps, M&A activities, upcoming events and trends.
In today's edition:
📰 Top Stories
The Warsaw Stock Exchange (GPW) has maintained a strong position in Europe. GPW indices have seen significant growth since the beginning of the year, reaching historical highs. The Polish capital market continued its upward trend in Q1, with trading volumes increasing notably. The Warsaw Stock Exchange also ranked third in Europe for liquidity with a turnover ratio of 39%. Investor activity remained high in April, with Main Market trading volumes hitting PLN 31.1 billion, a 78.5% increase compared to April last year. GPW CEO Tomasz Bardziłowski highlighted that the last seven months have been very favorable for the Warsaw Stock Exchange, with high trading volumes and historical index growth. Since mid-October 2023, the broad market index WIG and the large-cap index WIG20 have gained over 30%, among the best performances globally.