 | This article needs to be updated. (August 2017) |
The WIG20 is a capitalization-weighted stock market index of the twenty largest companies on the Warsaw Stock Exchange. WIG is an acronym for "Warszawski Indeks Giełdowy", which translates to Warsaw Stock Index in Polish. However, so that no sector would dominate the index, the rule was introduced that there can be a maximum of 5 companies per sector. In this way, for example, there are 5 banks in the index. Companies also have different shares in the index, with clear consequences.[1]
The all-time high of the index is 3,940.53 points, set during the intraday on 29 October 2007.
In 2013, a new stock market index WIG30 was created. It lists the 30 major Polish blue chip companies on the WSE Main Market.[2]
- ^ Tomasz, Jaroszek. "Od giełdowego strachu przez obietnice reform - blaski i cienie WIG20". Retrieved 11 December 2020.
- ^ "WIG30". gpwbenchmark.pl (in Polish). Retrieved 7 April 2023.