Benefiting from record-low bank deposits, the Warsaw Stock Exchange is expected to improve its liquidity in the coming months, according to the vice president of PwC, Jacek Socha. “The first quarter of the year showed a positive trend from investors, with some substantial cash inflow expected to pull the stock market up this year,” Socha told Newsweria.pl. He adds that the Polish financial market is still adapting to new conditions, after the recent government pension reform hurt the WSE’s liquidity. “We need some time to fill this gap,” Socha said.
In the meantime, Poland’s open pension funds are pushing to pass new regulations that would make it possible for them to place their stocks on the WSE in an effort to fuel new investments. The move is expected have a positive effect on the stock market, according to the business website parkiet. “Poland’s pension funds (OFE) are in a hurry to invest in derivatives, particularly in those that would make it possible for them to avoid exchange risk,” Poland’s Chamber of Pension Funds said in a statement.
