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Random information on the term “WIG”:
The WIG20 is a capitalization-weighted stock market index of the twenty largest companies on the Warsaw Stock Exchange. WIG is an acronym for “Warszawski Indeks Giełdowy”, that means in Polish Warsaw Stock Exchange index. However, so that no sector would dominate the index, the rule was introduced that there can be a maximum of 5 companies per sector. In this way, for example, we have 5 banks in the index. Companies also have different shares in the index, with clear consequences.
The all-time high of the index is 3,940.53 points, set during the intraday on 29 October 2007.
The following table shows the annual development of the WIG20 since 1991.
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