WSE's transactions were unchanged in May yet values declined from April.
Monthly trading statistics have just been released for May 2016 by the Warsaw Stock Exchange (WSE) for its GPW Group operated markets, showing a 5.7% decline in the value of overall equity trades on its electronic order book which totaled PLN 12.5 billion ($3.22 billion), lower from PLN 13.2 billion ($3.40 billion) in April.
The number of transactions that the exchange operator reported remained unchanged at 1.4 million in May when compared to April 2016, yet was higher by 13% when compared year-over-year to March 2015.
Single-stock futures higher
Index futures at WSE recorded 312,900 contracts traded in May, up 21.5% YoY, yet lower from 326,500 in April. The volume of single-stock futures that were traded in May reached 103,900 at WSE, up from 101,000 in the previous month, and higher by 34.6% compared to May 2015.
WSE noted that this May and May 2015 had the same number of trading days, whereas April had 21 trading days.
Additional companies raised capital on the exchanges Catalyst market including PKO Bank Hipoteczny SA with a mortgage bond issue of PLN 500 million achieved, among other companies with private placements and newly listed with successful IPOs in Poland.
Capitlisation ratios
At the end of May 2016, market capitalisation for the 434 domestic companies listed on the exchange's main market stood at PLN 496.9 billion (EUR 113.4 billion), excluding 53 foreign company listings.
Including the remaining 53 foreign companies, the total capitalisation of 487 listed companies totaled PLN 971.8 billion (EUR 221.8 billion) at the end of May, indicating that more than half of the overall weighting is from the nearly 11% of foreign entities listed at the WSE main market.
Poland's president chimes in
Poland’s President Andrzej Duda commented in a statement regarding the exchange, during an anniversary at WSE that he attended in April: “The Warsaw Stock Exchange is the fourth biggest exchange in Europe and the unparalleled leader in this part of Europe. This is great, let’s keep it up. We should be the economic leader in this part of Europe - its leading country. It is a serious task ahead. Let’s keep looking to the Exchange and how it grows, supporting it to the extent possible with good Regulation."
President Duda added: "Congratulations are in place due to the Code of Best Practice approved by the Exchange, which focuses on corporate governance, good management, transparency of listed companies, reliable information for shareholders. In brief, it is a measure of integrity on the capital market, and ensures its clear rules. The Exchange is extremely important.”
Momentum in financials
In its latest annual report for 2015, GPW Group reported PLN 179.5 million in EBITDA , up by PLN 15.4 million from PLN 164.1 million in reported in 2014, and with an operating profit of PLN 152.6 billion higher from PLN 135.4 billion over the same period.
Cost cutting measures, coupled with higher results in its commodity products segment, have helped decrease operating expenses and lift revenue in recent years, as seen in the excerpt below from the exchanges latest annual report. Shares of GPW listed on the WSE (GPW) were down 1.34% today and ended the week lower.
Monthly trading statistics have just been released for May 2016 by the Warsaw Stock Exchange (WSE) for its GPW Group operated markets, showing a 5.7% decline in the value of overall equity trades on its electronic order book which totaled PLN 12.5 billion ($3.22 billion), lower from PLN 13.2 billion ($3.40 billion) in April.
The number of transactions that the exchange operator reported remained unchanged at 1.4 million in May when compared to April 2016, yet was higher by 13% when compared year-over-year to March 2015.
Single-stock futures higher
Index futures at WSE recorded 312,900 contracts traded in May, up 21.5% YoY, yet lower from 326,500 in April. The volume of single-stock futures that were traded in May reached 103,900 at WSE, up from 101,000 in the previous month, and higher by 34.6% compared to May 2015.
WSE noted that this May and May 2015 had the same number of trading days, whereas April had 21 trading days.
Additional companies raised capital on the exchanges Catalyst market including PKO Bank Hipoteczny SA with a mortgage bond issue of PLN 500 million achieved, among other companies with private placements and newly listed with successful IPOs in Poland.
Capitlisation ratios
At the end of May 2016, market capitalisation for the 434 domestic companies listed on the exchange's main market stood at PLN 496.9 billion (EUR 113.4 billion), excluding 53 foreign company listings.
Including the remaining 53 foreign companies, the total capitalisation of 487 listed companies totaled PLN 971.8 billion (EUR 221.8 billion) at the end of May, indicating that more than half of the overall weighting is from the nearly 11% of foreign entities listed at the WSE main market.
Poland's president chimes in
Poland’s President Andrzej Duda commented in a statement regarding the exchange, during an anniversary at WSE that he attended in April: “The Warsaw Stock Exchange is the fourth biggest exchange in Europe and the unparalleled leader in this part of Europe. This is great, let’s keep it up. We should be the economic leader in this part of Europe - its leading country. It is a serious task ahead. Let’s keep looking to the Exchange and how it grows, supporting it to the extent possible with good Regulation."
President Duda added: "Congratulations are in place due to the Code of Best Practice approved by the Exchange, which focuses on corporate governance, good management, transparency of listed companies, reliable information for shareholders. In brief, it is a measure of integrity on the capital market, and ensures its clear rules. The Exchange is extremely important.”
Momentum in financials
In its latest annual report for 2015, GPW Group reported PLN 179.5 million in EBITDA , up by PLN 15.4 million from PLN 164.1 million in reported in 2014, and with an operating profit of PLN 152.6 billion higher from PLN 135.4 billion over the same period.
Cost cutting measures, coupled with higher results in its commodity products segment, have helped decrease operating expenses and lift revenue in recent years, as seen in the excerpt below from the exchanges latest annual report. Shares of GPW listed on the WSE (GPW) were down 1.34% today and ended the week lower.
Cboe to End Crypto Exchange in Plans to Consolidate Services
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔