Warsaw Stock Exchange Hits Record High

The Warsaw Stock Exchange has had an exceptionally strong year—and is simultaneously repositioning itself. Following record figures in 2025, the exchange is increasingly focusing on exchange-traded funds, new initial public offerings, and the use of artificial intelligence.

Market momentum was the key driver: The exchange group’s revenue rose by nearly 19 percent to approximately 552 million złoty. Profits and operating income grew even more strongly—a sign that rising trading volumes and strict cost control are working in tandem.

On the stock market itself, a historic level was reached. Trading turnover climbed to more than 470 billion zloty, with average daily turnover reaching nearly 1.9 billion. Never before has so much been traded in Warsaw.

Stock market boom drives indices higher

In parallel with rising turnover, the indices also reached new highs. The leading WIG index surpassed the 100,000-point mark for the first time and went one better at the start of 2026.

Notably, the growth came primarily from the secondary market—that is, capital increases and large placements. Traditional IPOs have played a lesser role so far.

That is exactly what is set to change now. For 2026, the stock exchange anticipates a revival of the IPO market. Rising valuations and a more stable market sentiment could attract new companies. At the same time, the stock exchange aims to specifically attract more retail investors—among other things, through a broader range of ETFs.

ETFs Are Becoming a Growth Engine

The numbers speak for themselves: Trading in ETFs and similar products more than doubled in 2025. With a volume of over 3.3 billion złoty, this segment is now one of the most dynamic areas of the stock exchange.

This trend continues in 2026—trading volume in the first few months has already surpassed the total for the entire year of 2023. In addition to new products, technology is taking center stage. Artificial intelligence is intended to make internal processes more efficient while simultaneously enabling new data-driven offerings.

The direction is clear: The Warsaw Stock Exchange aims to expand its role as a modern financial center—with greater liquidity, innovative products, and a broader investor base.