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Forecast for the Warsaw Stock Exchange WIG40 index in Poland 2019-2020

In the next six months of 2020, mWIG40 on the Warsaw Stock Exchange in Poland will increase by 6.2 percent to 4152 points, and in 12 months by 9.9 percent to 4293 pts. At the end of 2020, the WIG20 index will be higher than at the end of 2019, with an average change of 8.6 percent, and sWIG80 index will increase by 10.6 percent.

Forecast for the Warsaw Stock Exchange mWIG40 index in Poland from 2019 to 2020*

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Release date

January 2020



Survey time period

December 2019 to December 2020

Supplementary notes

mWIG40 index is successor of MIDWIG index and has been calculated since December 31, 1997 and comprises 40 medium size companies listed at WSE Main List. The initial value of index was 1000 points. mWIG40 is an price index and thus when it is calculated it accounts only for prices of underlying shares whereas dividend income is excluded. The mWIG40 index excludes WIG20 and sWIG80 index participants and foreign companies listed at WSE and other markets with the market capitalization at the ranking date above 1 billion EUR.

* Forecasts for WIG40 based on anonymous questionnaires among analysts typing for tech and forex trading floor portfolios

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