Warsaw Stock Exchange's GPW Group March Volumes up 13%

Monday, 04/04/2016 | 10:17 GMT by Steven Hatzakis
  • Improved performance during March as trade values grew along with volumes.
Warsaw Stock Exchange's GPW Group March Volumes up 13%
Bloomberg, Logo of the Warsaw Stock Exchange

The Warsaw Stock Exchange , known by its Polish acronym GPW (Gielda Papierow Wartosciowych), today reported March trading metrics showing largely improved trading performance when compared to the prior month, and mixed results across several reported statistics from a year-over-year (YoY) perspective.

The value of trade in equities on the Exchange 's electronic order book for its main market was PLN 16.7 billion in March, up 21% from PLN 13.8 billion reported in February, and higher by nearly PLN 3 billion month-over-month (MoM), yet lower by 13.4% YoY when compared to March 2015.

The number of transactions grew by over 13% to 1.7 million trades during March 2016, up from 1.5 million in February, and higher by 12.6% when compared YoY. The company reported 2015 results recently, as reported by Finance Magnates, and before GPW announced changes to its market-maker structure at the end of last month.

Value of equity trades climbed 23%

GPW reported that the total value of equities trades was PLN 17.4 billion during March, lower by 18.9% YoY, while on a MoM basis was higher from PLN 14.1 billion in February, up by 3.3 billion or 23% during that period.

Index futures trading volumes hit 491,600 contracts in March, up 5.7% YoY, and little changed from 489,100 in February at barely half a percent MoM. Single-stock futures trading rose by 69.9% when compared to the same month last year.

GPW listed two new public companies in March, and carried out three successful bond issues for Polish companies. At the end of March, the number of publicly traded companies on the WSE hit 430 domestic companies on the main market with a combined capitalization of almost exactly one trillion PLN.

At the end of March, the number of publicly traded companies on the WSE hit 430 domestic companies on the main market and with a combined capitalization of almost exactly one trillion polish zlotys, or nearly 234.3 billion euros, according to the conversion rate reference in the press release.

The Warsaw Stock Exchange , known by its Polish acronym GPW (Gielda Papierow Wartosciowych), today reported March trading metrics showing largely improved trading performance when compared to the prior month, and mixed results across several reported statistics from a year-over-year (YoY) perspective.

The value of trade in equities on the Exchange 's electronic order book for its main market was PLN 16.7 billion in March, up 21% from PLN 13.8 billion reported in February, and higher by nearly PLN 3 billion month-over-month (MoM), yet lower by 13.4% YoY when compared to March 2015.

The number of transactions grew by over 13% to 1.7 million trades during March 2016, up from 1.5 million in February, and higher by 12.6% when compared YoY. The company reported 2015 results recently, as reported by Finance Magnates, and before GPW announced changes to its market-maker structure at the end of last month.

Value of equity trades climbed 23%

GPW reported that the total value of equities trades was PLN 17.4 billion during March, lower by 18.9% YoY, while on a MoM basis was higher from PLN 14.1 billion in February, up by 3.3 billion or 23% during that period.

Index futures trading volumes hit 491,600 contracts in March, up 5.7% YoY, and little changed from 489,100 in February at barely half a percent MoM. Single-stock futures trading rose by 69.9% when compared to the same month last year.

GPW listed two new public companies in March, and carried out three successful bond issues for Polish companies. At the end of March, the number of publicly traded companies on the WSE hit 430 domestic companies on the main market with a combined capitalization of almost exactly one trillion PLN.

At the end of March, the number of publicly traded companies on the WSE hit 430 domestic companies on the main market and with a combined capitalization of almost exactly one trillion polish zlotys, or nearly 234.3 billion euros, according to the conversion rate reference in the press release.

About the Author: Steven Hatzakis
Steven Hatzakis
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About the Author: Steven Hatzakis
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