Miejsce Warszawskiej Giełdy Papierów Wartościowych wśród wybranych giełd Europy Środkowej
Position of Warsaw Stock Exchange among Chosen Stock Exchanges of Central Europe
Zeszyty Naukowe SGGW - Ekonomika i Organizacja Gospodarki Żywnościowej, 2008, vol., nr 72, s. 171-179
Warsaw Stock Exchange in the years 2007 was characterized by the highest capitalization among stock exchanges of new member countries of the European Union and it is the middle size stock exchange in Europe. At the end of the year 2007 the index of capitalization of domestic companies to gross domestic product of Poland amounted to 47.3%, what shows at quantitative and qualitative development of Warsaw Stock Exchange and well realized strategy. WSE is characterized by low liquidity ratio in comparison with exchanges of Central and Eastern Europe. At the end of 2007 liquidity ratio of WSE amounted to 44.3%, when in Hungary amounted to 109,8% and in Czech Republic to 76,2%.