Following the trading session on Mar 21 of 2014, Alior Bank and clothing company LPP will join the Warsaw Stock Exchange's (WSE) blue-chip index WIG20, replacing real-estate developer Globe Trade Centre (GTC) and Citigroup's Bank Handlowy, WSE has announced.
However, GTC and Bank Handlowy will continue to be included in the wider blue-chip index WIG30.
GTC and Bank Handlowy will be included in the line-up of mid-cap index mWIG40, alongside power utility group Energa, furniture manufacturer Forte, pharmaceuticals distributor Neuca and rubber producer Stomil Sanok.
The companies removed from mWIG40 will be: media company Agora, pharmaceuticals distributor Pelion as well as energy companies Petrolinvest and Serinus.
WSE also recalls that as of Mar 24, it will start publication of new mid- and small-cap indexes WIG50 and WIG250, respectively, and it will cease to publish sWIG80, the current small-cap index.
Poland broke EU law by increasing logging in the ancient Bialowieza Forest under a pretext of fighting spruce beetle, the Court of Justice of the European Union (CJEU) ruled on April 17. The ... more
Standard and Poor’s raised its outlook for Poland from stable to positive on April 13, while maintaining the country’s rating at BBB+. The raising of the outlook is based on ... more
Finland has issued a second and final permit for the construction of the controversial Nord Stream II pipeline that is to pump gas from Russia directly to Germany via a Baltic Sea route, the Regional ... more