New activity report on the WSE in 05 2017

GUS reported that in the first quarter of 2017 Poland’s GDP growth was 4% YoY, with 1% m / m, against the expected 3,9% YoY and 0,9% m / m. Despite the economic growth, the major Warsaw Stock Exchange indexes have fallen over the last month. WIG 20 has seen a drop of 4,03% in the last month. Possibly, the reason is the recent publication of PMI indexes, which shows that Poland has received 52,7 points against the expected 54,1 points. NCIndex indices and WIG-Ukraine index also showed declines of 1,08% and 3,82% respectively. In May, there were no debuts on the WSE or on NewConnect.

P. Marek Dietl became the new WSE president from 19 June. Recently there was a number of voices that the current government is not dealing adequately with the WSE, which was understandable of the staffing decisions and the long absence of the president. This situation also discourages investors. The new CEO knows the market well and knows what to do, the views of the CEO can be found in the 03 2017 Forbes interview. May it be enough to break through the projects. In summary we add a comment.