The Federation of European Securities Exchanges (FESE) published a performance summery for the year 2008. The Warsaw Stock Exchange (GPW) classifies 1st in Europe in terms of debuts and comes before, among others, the London and Wien-based stocks.

The joint number of new companies which entered the Warsaw stock in the 11 months of 2008 accounts for 82, while the London Stock Exchange hosted 72 new companies and the Euronext in Amsterdam 21. The Warsaw stock results to be the unquestioned leader in the CEE.

It is the capitalization of domestic companies, the number and value of public offers, the forward market as well as the domestic transactions value that made the stock perform better than all the other stocks in the region. In terms of capitalization the Warsaw stock manage to outdo both the Wien and Athens-based stocks and became the biggest stock not only among stock markets located in the region of eastern and central but also from among those operating in the southern part of the continent.

In terms of the value of companies listed, the Warsaw stock exceeded the Wiener Boerse by some 15 billion EUR and as of the end of November 2008 its capitalization value was near 2 billion EUR higher than that of the stock located in Athens. According to FESE, the stock’s performance for the first 11 months of 2008 makes the stock an unquestionable leader in term of the number of Initial Public Offerings i.e. the number of companies which issued shares to the public for the first time. As far as debuts are concerned Warsaw managed not only to outdo all stock from the region but also such markets as Euronext, OMX and the London stock. (IAR, GPW)