2014-01-02 12:22:22

WIG30short and WIG30lev Published as of 2014

Warsaw, 2 January 2014

WIG30short and WIG30lev Published as of 2014

PRESS RELEASE

  • WSE starts to publish the new indices based on WIG30: WIG30short and WIG30lev as of January 2014.

Warsaw Stock Exchange has started today to publish the indices WIG30short and WIG30lev. It is yet another step in the extension of the range of market indicators used as a reference point for investment instruments based on the main index of the Warsaw Stock Exchange: WIG30.

WIG30short and WIG30lev are indices based on WIG30. WIG30short tracks the prices of stocks in reverse proportion to WIG30. This means that the value of WIG30short changes symmetrically to WIG30: if WIG30 falls by 10 points, WIG30short gains 10 points; thus, WIG30short can be used to evaluate short-selling investments. The historical values of WIG30short have been recalculated back to 31 December 2007. The first value of WIG30short was 3,409.54 points and WIG30short reached 5,009.20 points at the end of December 2013.

Chart 1. Values of WIG30 and WIG30short

WIG30lev tracks the prices of stocks with a leverage. If WIG30 gains, WIG30lev gains twice as much; for example, a 10 point gain of WIG30 implies a 20 point gain of WIG30lev. The historical values of WIG30lev have been recalculated back for the same period as WIG30short. The value of WIG30lev was 3,409.54 points at 31 December 2007 and WIG30lev reached 1,033.61 points at the end of December 2013.

Chart 2. Values of WIG30 and WIG30lev

Historical values of WIG30, WIG30short and WIG30lev indices


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Warsaw Stock Exchange is the biggest securities exchange in Central and Eastern Europe. WSE organises trading on one of the most dynamically growing capital markets in Europe. WSE operates a regulated market of shares and derivative instruments and the alternative stock market NewConnect for growing companies. WSE is developing Catalyst, a market for issuers of corporate and municipal bonds, as well as commodity markets. Since 9 November 2010, WSE is a public company listed on Warsaw Stock Exchange. http://www.gpw.pl.

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