- Total trading in shares on the Main Market reached PLN 15.7 billion in September 2012 as compared to PLN 22.6 billion in September 2011.
- The average value of session trading (PLN 0.75 billion) in September 2012 was down by 23.8% year on year.
- The volume of trading in derivative instruments was 1.1 million as compared to 1.7 million in September 2011.1)
- In January-September 2012, Catalyst reported a year-on-year increase in the number of transactions (+31.3%), the total trading value (+121.4%) and the value of issues at the end of September (+39.5%).
- The total monthly volume of trading in electricity on the WSE markets decreased by 0.5% year on year while the volume of trading in property rights increased by 6.7%.
The Warsaw Stock Exchange publishes September turnover data for the markets operated by the WSE Group.
Shares 2)
Main Market
The average daily value of session trading was PLN 0.75 billion in September 2012, as compared to PLN 0.99 billion in September 2011 (down by 23.8%). The incremental value of session trading year to date was down by 27.2% and the value of block trades by 14.6%.
Market activity as measured by the number of session transactions decreased year on year and year to date in September and stood at PLN 0.93 million in September 2012 and PLN 8.80 million year to date in 2012.
The WIG index gained 14.3% year on year and 16.3% year to date at the end of September 2012.
NewConnect
The value of session trading was PLN 74.7 million in September 2012, as compared to PLN 117.9 million in September 2011. The number of session transactions decreased to 63.0 thousand in September 2012 from 72.8 thousand in September 2011. The total value of trading in January-September 2012 crossed the mark of PLN 1.0 billion, as compared to PLN 1.7 billion in January-September 2011.
The NCIndex lost 20.6% year on year and 16.6% year to date at the end of September 2012.
Derivative instruments
Futures contracts: The monthly volume of trading in index futures was 0.88 million contracts, a decrease compared to 1.57 million in September 2011. The incremental volume of trading year to date was 7.2 million, a decrease of 30.8% year on year. The number of open interest in index futures was 94.6 thousand at the end of September 2012, an increase of 19.4% year on year. The volume of trading in single-stock futures (38.1 thousand) was lower than in September 2011 (72.8 thousand). The volume of trading in currency futures was 125.5 thousand in September 2012, as compared to 23.8 thousand in September 2011.1)
Options: The volume of trading in index options grew by 45.4% year on year and was the highest since August 2011. The incremental volume was 491.6 thousand year to date in 2012, as compared to 773.4 thousand in 2011.
Structured products, investment certificates and ETFs
Structured products and investment certificates: The value of trading in structured products and investment certificates was PLN 19.2 million.
ETFs: The value of trading in ETFs was PLN 17.2 million in September 2012, double the value reported in September 2011. The incremental value of trading in ETFs year to date decreased by 8.0% year on year to PLN 202.5 million.
Debt instruments
Catalyst
The monthly value of session trading was PLN 156.4 million, an increase of 57.0% as compared to PLN 99.6 million in September 2011. Session trading in January-September 2012 was PLN 1.2 billion and total trading was PLN 2.4 billion, an increase of 30.2% and 121.4%, respectively, year on year. Catalyst sees a steadily growing number of transactions. It grew by 42.0% year on year to 3.9 thousand in September 2012, while the incremental number of transactions was 30.2 thousand year to date, an increase of 31.3% year on year.
The nominal value of listed instruments (corporate, municipal and mortgage bonds) was PLN 48.8 billion at the end of September 2012, an increase of 39.5% year on year.
Treasury BondSpot Poland
The value of cash transactions on Treasury BondSpot Poland continued to grow at a double-digit rate. It was PLN 43.6 billion in September 2012, an increase of 42.4% year on year. The turnover in January-September 2012 was PLN 350 billion, an increase of 60.9% year on year. Conditional transactions in September 2012 decreased by 1.0% year on year and stood at PLN 62.1 billion.
Electricity and property rights 3)
Electricity: Forward transactions on the WSE Group electricity markets reached 11.0 TWh in September 2012, an increase of 1.6% as compared to 10.9 TWh in September 2011. Spot transactions in electricity reached 1.4 TWh, a decrease of 0.2 TWh year on year. Incremental spot transactions year to date stood at 15.7 TWh, a decrease of 2.3% year on year.
Property rights: The monthly volume of trading in property rights was 4.7 TWh, an increase of 6.7% as compared to 4.4 TWh in September 2011. The trading volume in January-September 2012 increased by 15.5% year on year and reached 45.6 TWh.
The WSE held 20 trading sessions in September 2012, two less than in September 2011.
WSE Trading Data for September 2012
1) – the volume of trading in currency futures is calculated on the basis of a trading unit equal to 1,000 contracts as of 1 May 2012 (previously: 10,000 contracts); consequently, the volume of trading in currency futures and the total volume of trading in derivative instruments are not fully comparable to previous periods
2) – transactions in shares, allotment certificates and subscription rights
3) – transactions on poee WSE EM and the Polish Power Exchange. The WSE acquired a majority stake in the Polish Power Exchange on 24 February 2012