- The total value of trading in shares on the Main Market reached PLN 14.9 billion (down by 36.7% year on year), the volume of trading in derivative instruments was 1.2 million (up by 6.3% year on year).1)
- The incremental value of session trading in shares was PLN 81.7 billion year to date in 2012, as compared to PLN 105.5 billion in the same period of 2011.
- Cash transactions on Treasury BondSpot Poland in May nearly doubled year on year and reached PLN 39.1 billion.
- Spot transactions on the WSE electricity markets reached 9.3 TWh year to date, as compared to 9.1 TWh in 2011 (up by 2.6%), while trading in property rights increased by 21.3% in that period.
The Warsaw Stock Exchange publishes May turnover data for the markets operated by the WSE Group.
Shares2)
Main Market
The value of session trading was PLN 14.2 billion, a decrease as compared to PLN 22.8 billion in May 2011. Market activity as measured by the number of session transactions in May and year to date decreased compared to 2011 and reached PLN 0.90 million and PLN 5.29 million, respectively.
The WIG index lost 24.5% year on year and gained 0.53% year to date at the end of May 2012.
ING Bank N.V. (Netherlands) became a new foreign exchange member in May. There are 31 domestic exchange members and 30 foreign exchange members active on the WSE. As of 30 May, the WSE calculates and publishes the WIG-CEE index of companies from Central and Eastern European countries listed on the WSE’s markets.
NewConnect
The value of session trading was PLN 72.9 million in May 2012, as compared to PLN 239.5 million in May 2011. The number of session transactions decreased to 52.8 thousand in May 2012 from 122.3 thousand in May 2011.
The NCIndex lost 34.6% year on year and 9.7% year to date at the end of May 2012.
Derivative instruments
Futures contracts: the monthly volume of trading in index futures was 0.93 million contracts, an increase of 3.3% compared to 0.90 million in May 2011. The incremental volume of trading year to date was more than 4.0 million, a decrease of 22.3% as compared to 5.2 million a year earlier. The volume of trading in single-stock futures (44.1 thousand) was lower than in May 2011 (72.2 thousand). The volume of trading in currency futures was 116.7 thousand in May 2012, as compared to 13.1 thousand in May 2011.1)
Options: the volume of trading in index options was 56.2 thousand in May 2012. The incremental volume of trading year to date was 232.4 thousand. The trading volume was 83.5 thousand in May 2011 and 418.4 thousand in January-May 2011.
Structured products, investment certificates and ETFs
Structured products and investment certificates: the value of trading in structured products and investment certificates was PLN 19.4 million, as compared to PLN 43.0 million in May 2011.
ETFs: the value of trading in ETFs was PLN 13.6 million in May 2012, as compared to PLN 26.7 million in May 2011. The incremental value of trading in ETFs year to date was PLN 121.9 million, an increase of 2.4% compared to January-May 2011.
Debt instruments
Catalyst
The monthly value of session trading was PLN 73.2 million, as compared to PLN 86.5 million in May 2011. Session trading in January-May 2012 was PLN 735.1 million, an increase of 61.6% year on year. The number of session transactions in May (2.9 thousand) increased by 25.8% year on year.
The nominal value of listed instruments (corporate, municipal and mortgage bonds) was PLN 41.0 billion at the end of May 2012, an increase of 51.1% year on year.
Treasury BondSpot Poland
Treasury BondSpot Poland continued to report double-digit year-on-year growth of the value of cash transactions. The monthly trading value was PLN 39.1 billion and nearly doubled year on year while the incremental trading value in January-May was over PLN 190 billion, an increase of more than two-thirds compared to January-May 2011. The value of conditional transactions in January-May 2012 decreased by 29.5% year on year and stood at PLN 247.4 billion.
Electricity and property rights3)
Electricity: Spot transactions on the WSE Group electricity markets reached 1.81 TWh in May 2012, as compared to 2.02 TWh in May 2011. Incremental spot transactions year to date increased by 2.6% year on year and reached 9.33 TWh. Futures transactions (7.30 TWh) decreased compared to May 2011 (10.02 TWh).
Property rights: The monthly volume of transactions in property rights increased by 96.1% compared to May 2011 and reached 5.23 TWh. The trading volume year to date increased by 21.3% and reached 27.83 TWh.
The WSE held 21 trading sessions in May 2012, the same as in May 2011.
Warsaw Stock Exchange
The Warsaw Stock Exchange is the biggest securities exchange in Central and Eastern Europe. The WSE organises trading on one of the most dynamically growing capital markets in Europe. The WSE operates a regulated market of shares and derivative instruments and the alternative stock market NewConnect for growing companies. The WSE is developing Catalyst, a market for issuers of corporate and municipal bonds, as well as an energy market.
Since 9 November 2010, the WSE is a public company listed on the Warsaw Stock Exchange. For more information visit http://www.gpw.pl
1) – the volume of trading in currency futures is calculated on the basis of a trading unit equal to 1,000 units of the underlying currency as of 1 May 2012 (previously: 10,000 units); consequently, both the volume of trading in currency futures and the total volume of trading in derivative instruments in May 2012 are not fully comparable to previous periods
2) – transactions in shares, allotment certificates and subscription rights
3) – transactions on poee WSE EM and the Polish Power Exchange. The WSE acquired a majority stake in the Polish Power Exchange on 24 February 2012