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Index IDEA: Charting Poland’s journey toward FTSE Developed Market status

In its new research report, entitled Poland: The journey to Developed Market status, FTSE Russell examines key market statistics for Poland linking back to the FTSE Country Classification System, introduced in 2004 as a structured, objective and transparent global framework for determining equity markets’ development status. Poland’s reclassification as a Developed market is the result of continuous improvements in its capital markets infrastructure, supported by the country’s steady economic progress.

Notably, Poland now has the eighth largest economy in the European Union (EU) and the largest among the central European members:

In addition, the Warsaw Stock Exchange (WSE) ranked third in Europe in 2017 for number of initial public offerings (IPOs):

Furthermore, in the first quarter of 2018 the WSE was fifth among European exchanges in the number of listings.

Marek Dietl, president of the Warsaw Stock Exchange Management Board:

“The dynamic development of the Polish economy and strong valuations of many Polish companies, accompanied by positive rates of return and high dividend rates, represents a persuasive argument for investing on our market by global investors. We are at the start of our Developed market journey but it creates an opportunity to attract new investors to Polish equities and an enormous chance for the entire market.”

Philip Lawlor, managing director, global markets research, FTSE Russell:

“Relative to other developed economies Poland has delivered superior economic growth. In addition, Poland stands at a valuation discount relative to other developed and emerging economies.”

Chris Woods, managing director, governance, risk & compliance, FTSE Russell:

“Poland is to be congratulated on meeting the rigorous requirements to attain Developed market status. The authorities have worked hard to achieve this promotion and it is a culmination of a long-term commitment to improve Poland’s capital markets infrastructure. Poland is the first country to be promoted from Emerging to Developed status in our global benchmarks in almost a decade and reflects the country’s steady economic progress.”

Get more information on the FTSE Country Classification Process.

 

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