The Warsaw Stock Exchange will introduce two new indices, the WIG50 and the WIG250, as of March 24 this year, the bourse said in a press release on Monday.
The new indicators will focus on small- and medium-sized companies. The WIG50 will be based on share performance of 50 medium-sized companies listed on the WSE main market. The WIG250 will feature 250 small companies also traded on that floor and will be introduced instead of the previously planned WIG100 index.
The Warsaw bourse will cease the publication of the sWIG80 and WIG-Plus indices with the introduction of the new ones. The mWIG40 will continue to be published until December 31, 2015.
The new indices are part of a larger project carried out the Warsaw Stock Exchange. In September 2013 it launched its new blue-chip index, the WIG30, which will gradually replace the WIG20.
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