News

WSE indexes

2011-04-05 15:45:59

Index of WSE-listed Ukrainian companies.

  • Five Ukrainian companies are already listed on the WSE Main List
  • Growing interest in Warsaw Stock Exchange on the part of Ukrainian companies
  • WIG Ukraine Index will be launched on the turn of April this year

For some time now Ukrainian issuers have successfully carried out their IPOs on the markets operated by the Warsaw Stock Exchange (WSE). To date five (5) Ukrainian companies selected the WSE Main List as a platform for financing their growth through Initial Public Offerings worth almost PLN 1.6 billion. These include: Agroton, Astarta Holding, Kernel Holding, Milkiland and Sadovaya Group. The first Ukrainian issuer – Agroliga - was also listed on the NewConnect market.

"The index of Ukrainian companies listed on a non-Ukrainian stock exchange is the first such index in Europe and it is the best evidence of developing Polish-Ukrainian business relations as well as successful implementation of the WSE regional growth strategy. The Warsaw Stock Exchange will continue taking measures to enhance its attractiveness for entrepreneurs and investors as well as to set up a "trading floor for foreign companies" listed on the WSE. " - said Ludwik Sobolewski, President and CEO of the WSE Management Board.

High interest in WSE-listed Ukrainian companies is evidenced not only by their successful IPOs – their valuation and stock trading volume are also growing. The record holders in this area include Astarta Kiev (almost fivefold increase of capitalization since its IPO, from PLN 475 million to PLN 2,033 million) and Kernel Holding (almost fourfold increase of capitalization since its IPO, from PLN 1,520 million to PLN 5,526 million).

The significance of Ukrainian issuers on the Warsaw trading floor was confirmed on 18 March this year by the fact of incorporation of the first Ukrainian company - Kernel Holding – into the WIG20 blue-chips index.

To distinguish Ukrainian issuers the Warsaw Stock Exchange is going to launch WIG Ukraine Index. The index will incorporate companies with their registered office in Ukraine or running vast majority of their operations in Ukraine. WIG Ukraine index underlying companies will have to have at least 10 per cent of their shareholders’ equity in free float and belong to one of the following segments on the WSE Main List: 250PLUS, 50PLUS or 5PLUS. The Index will be revised on a quarterly basis. New issuers will become eligible for the incorporation into the Index after three sessions from IPO have elapsed. The WIG Ukraine Index will be launched on the turn of April this year.

Warsaw Stock Exchange S.A.
Warsaw Stock Exchange is the largest stock exchange in the Central and Eastern Europe and organizes trade on one of the most dynamically growing capital markets in Europe. Since 2006 it has been in the lead amongst the European stock exchanges in terms of the number and value of IPOs (in 2010 it came on the second place in terms of the number and value of IPOs). The WSE operates a regulated market for stocks and derivatives and also the New Connect market, which is an alternative stock market for growing companies. The WSE is also developing the Catalyst market – designed for the issuers of corporate and municipal bonds. Since 11 December 2010 the Warsaw Stock Exchange has also operated the WSE Energy Market, which enables the investors to make day-to-day purchases and sales of electricity and to open longer trading positions.

Public Relations Team
Marcin Przeszłowski, WSE PR, ph. (22) 537-77-66, mob. 605/470 665, e-mail:
Anna Szarek, WSE PR, ph. (22) 537-78-99, mob. 603/366-808, e-mail:
Anna Wiśniewska, WSE PR, ph. (22) 537-77-17, mob. 607/774 060, e-mail: