Share trading on the Warsaw Stock Exchange's (WSE's) main equities market totalled PLN21.3bn (€5.02bn) in October, representing growth of 29.6% y/y, the bourse announced on November 3. Other markets’ performance was less spectacular.

The growth is clearly faster than the 10.9% annual expansion in trading recorded the previous month and marks investors’ continued interest in the WSE’s main market. October was the eleventh out of the past 12 months in which share trading grew on the Warsaw bourse. 

However strong, growth was still smaller in comparison to the annual expansions of over 65% and 80% in May and June, respectively, owing to the low base from the previous year.
 
The stock exchange's indices have been on the rise since late 2016, with the main WIG index having gained just over 36.7% in 2017 so far. At the end of September, the WIG stood at 64,866.57 points, equivalent to a 32% increase in annual terms and a growth of 0.8%.

The WSE’s other markets did not fare so well. Trading on the alternative NewConnect market fell 13.1% y/y to PLN95.42mn in October, the fall’s rate easing in comparison to a drop of 16.7% y/y seen in September. 

Trading on the non-treasury bond market Catalyst also fell, by 19.7% y/y to PLN241.9mn after growing 16.3% y/y the previous month. The value of non-treasury bond issues listed on the Catalyst market grew 15.1% y/y to PLN92.4bn, however.
 
On the commodities exchange, gas transactions totalled 15.7 TWh, jumping 78.6% y/y. Electricity trading expanded 9.9% y/y to 13.2 TWh.

The bourse’s overall capitalisation came in at just over PLN1.4tn in October, representing growth of 38.1% y/y.