Poland: the ignored stock market superstar

Europe’s bourses have not shone so brightly in years. Speak to those who analyze them for a living and you will still detect a note of disbelief — they can hardly remember the last time foreign investors were paying them as much attention. Why that should be is no mystery. Measured in dollars, Europe’s Stoxx 600 index has risen by 16% in 2025, compared with 3% for the MSCI World.

More mysterious, Europe’s highest-soaring stock market has slipped beneath many investors’ radars. Everyone knows that share prices in Germany have rocketed, and that those of its arms makers have gone ballistic. Yet its DAX index is up by a paltry 27% (in dollars again) this year. Poland’s WIG has risen by over 40% and, since a trough in 2022, has nearly tripled. Quietly, a long-moribund market has become Europe’s superstar.

Source: https://www.economist.com/finance-and-economics/2025/05/14/poland-the-ignored-stockmarket-superstar