What is WIG on the Warsaw Stock Exchange?
WIG is the oldest index of the Warsaw Stock Exchange. The name originally stood for Warszawski Indeks Giełdowy, which means the Warsaw Stock Exchange Index.
Questions about WIG
Short answers, pulled from the story.
When was the WIG index introduced?
The WIG index was introduced on the 16th of April 1991. That was the first day of trading on the Warsaw Stock Exchange after the exchange was re-established following the fall of Communism in Poland.
How many companies does the WIG index list?
WIG lists 330 companies as of the 8th of November 2023. This broad membership makes it a wide measure of the Warsaw Stock Exchange.
What does WIG stand for?
WIG originally stood for Warszawski Indeks Giełdowy, the Polish name for the Warsaw Stock Exchange Index.
What are the subindices of the WIG index?
WIG subindices include WIG20, WIG30, MWIG40, SWIG80 and TECHWIG, along with sector indices such as WIG-BANKI, WIG-BUDOW, WIG-INFO, WIG-MEDIA, WIG-PALIWA, WIG-SPOŻY, WIG-TELKO and WIG-PL. MWIG40 was formerly MIDWIG and SWIG80 was formerly WIRR.
Why is the WIG index significant to the Warsaw Stock Exchange?
WIG is significant because it is the oldest index of the Warsaw Stock Exchange and launched on the exchange's first trading day after it was re-established. It measures a broad base of 330 companies as of the 8th of November 2023.