WIG is the first and one of the most important indexes of the Warsaw Stock Exchange in Warsaw. It has been calculated continuously since April 16, 1991.
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Its initial value was PLN 1,000. points, which means that over the course of over three decades, the index has increased over a hundred times.
WIG has broken a historical barrier. The Minister of Finance reacted
On Friday after 11.00 WIG broke the symbolic level of 130,000. pts. Later in the day, the index continued to grow, reaching around 12:55 p.m. the level of 131,275.64 points.
Later, there was a slight correction, but around 1:30 p.m. the index was still above the historical barrier, recording 130,754.47 points, which meant an increase of 0.87%.
As Minister of Finance Andrzej Domański pointed out in a post on social media, The Polish stock exchange has been one of the strongest in the world for another yearand investor confidence results from the condition of the economy and economic activities carried out.
A broad picture of the Polish capital market
WIG includes all companies listed on the main market of the WSE that meet specific criteria for participation in the indices. Thanks to this, it is a broad barometer of the condition of the entire Polish stock market.
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Exceeding the level of 130 thousand points is not only a symbolic moment, but also a signal to investors about the strength and stability of the domestic capital market.
