Polish bourse WIG index tops 100,000 points in historic first

Poland’s main stock market index, the Warsaw Stock Exchange (WIG), closed above 100,000 points for the first time this week, signalling a milestone for the bourse, stronger investor confidence and Poland’s growing regional influence.

Warsaw Stock Exchange CEO Marek Dietl said in an interview with PAP Biznes: “Crossing the 100,000-point mark on the WIG index is a symbolic moment for the Warsaw Stock Exchange, reflecting the resilience of Polish companies and the confidence of investors in the regional market.”

Warsaw’s WIG index driven by stronger fundamentals

The WIG index, which tracks the broad performance of all companies listed on the Warsaw bourse’s main market, has been rising steadily in recent months, driven by improved economic forecasts, falling inflation, and stronger corporate earnings.

Pekao SA Chief Economist Ernest Pytlarczyk told state news agency PAP: “Strong domestic demand, falling inflation and the prospect of lower interest rates have created a favourable environment for Polish equities. Foreign investors are increasingly looking to Warsaw as a growth market within Europe.”

Analysts attributed the surge to several factors, including Poland’s resilient GDP growth outlook, sustained consumer demand, and renewed foreign investment inflows into Central and Eastern Europe (CEE). Positive sentiment in global markets and lower interest rate expectations across Europe have also contributed to the rally.

Regional capital flows shift towards CEE

The WIG, already the largest bourse in the CEE region by market capitalisation, has benefited from shifting capital flows within Europe. Investor appetite for CEE assets has strengthened as the region’s economic fundamentals have outperformed some larger Western European economies.

European Fund and Asset Management Association (EFAMA) CEE Chairwoman Anna Nowak said at a conference: “Capital flows are gradually shifting towards CEE, with Warsaw emerging as a primary beneficiary of investors seeking diversified European exposure.”

Polish capital markets reach maturity

The WIG index, first launched in 1991, includes more than 300 companies across sectors such as banking, energy, manufacturing and technology. Analysts said the WIG’s 100,000-point breakthrough confirms the growing maturity of Polish capital markets and Warsaw’s appeal to investors seeking exposure to the region’s economic growth. The WIG remains the largest in CEE by market capitalisation and continues to deepen its role as a regional financial hub.