New Warsaw Stock Exchange Indexes Up Focus on Small, Mid-Cap Stocks
The WIG50 index will be composed of 50 mid-cap stocks, while the WIG250 index will cover up to 250 small-cap companies, including companies already tracked by the sWIG80 and WIG-Plus indexes, which will be replaced by the new indexes. The value of the indexes will be based on prices of transactions excluding dividend income, WSE officials say in a statement.
Officials say the exchange will calculate the WIG50 adn WIG250 indexes on a continuous basis, and will distribute data on the indexes every 60 seconds from 9am to 5:15pm alongside data from its other indexes on WSE's datafeed, as well as via data vendors using XDP (XML Data Package) files, and via value-added proprietary data products made available before and after each day's trading. WSE will also publish index data on its website, along with free-of-charge access to historical data for both indexes, on its website.
WSE will begin publishing the new indicators─which will be calculated using the exchange's Indexator index calculation platform─on Monday, March 24, following the cut-off of the sWIG80 and WIG-Plus indexes, which is scheduled for Friday, March 21. The exchange also plans to stop calculating its WIG20 and mWIG40 indexes in December 2015.
Officials say the base date for WIG50 and WG250 is the end of December 2012, and that values for both indexes will be recalculated from December 2012 to March 2014.
The addition of the new indexes follows WSE's January launch of the WIG30short and WIG30lev indexes, two indicators based on the exchange's WIG30 blue-chip benchmark.
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