Warsaw Stock Exchange (WSE)

What is ‘Warsaw Stock Exchange – WSE’

The largest stock exchange in eastern Europe, located in Warsaw Poland. Trading started on April 16, 1991, and the exchange ballooned to a market capitalization of approximately $200 billion (EUR) in six years. Instruments such as shares, bonds and various derivative products can all be traded electronically on this exchange. The WSE is a joint-stock company founded by the state treasury.

Explaining ‘Warsaw Stock Exchange – WSE’

Many economists expect that Eastern Europe will continue to be an area of rapid growth in the foreseeable future and the Warsaw Stock Exchange will be sure to benefit from the increased investment.

The first companies listed on the exchange were: Tonsil, Prochnik, Krosno, Kable and Exbud.

Further Reading

  • Asymmetric information transmission between a transition economy and the US market: evidence from the Warsaw Stock Exchange – www.sciencedirect.com [PDF]
  • Direct evidence of non-trading on the Warsaw Stock Exchange – yadda.icm.edu.pl [PDF]
  • … differences between IFRS and Polish Accounting Regulations: evidence from the financial statements of listed entities on the Warsaw Stock Exchange for the calendar … – www.tandfonline.com [PDF]
  • Market reactions to dividends announcements and payouts. Empirical evidence from the Warsaw Stock Exchange – go.gale.com [PDF]
  • „Analysis of high frequency data on the Warsaw Stock Exchange in the context of efficient market hypothesis” – www.ceeol.com [PDF]
  • Corporate governance and financial performance of companies in Poland – link.springer.com [PDF]
  • Financial development and economic growth in Poland in transition: causality analysis – mpra.ub.uni-muenchen.de [PDF]
  • Do local or global risk factors explain the size, value and momentum trading pay-offs on the Warsaw Stock Exchange? – www.tandfonline.com [PDF]
  • Dynamic correlation analysis of financial contagion: Evidence from the Central and Eastern European markets – www.sciencedirect.com [PDF]