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WSE: Session Results
Polish equity market closed higher on Thursday. The broad market measure, the WIG Index, rose by 0.11%. Within the index performance was mixed, with materials (+1.85%) outperforming and telecommunications (-1.56%) lagging.
The large-cap stocks' measure, the WIG30 Index, added 0.27%. Within the WIG30 Index components, BOGDANKA (WSE: LWB) led the gainers pack with a 4.11% advance. The stock was lifted by 2Q15 earnings report that was better than expected. It was followed by TAURON PE (WSE: TPE), which continued to rebound, up 3.54%, despite reported lower than consensus second quarter results. Other major outperformers were PKN ORLEN (WSE: PKN), PGE (WSE: PGE) and EUROCASH (WSE: EUR), surging by 2.22%, 2.18% and 1.89% respectively. On the other side of the ledger, ALIOR (WSE: ALR) posted the largest daily drop, down 3.56%. The bank revealed quarterly results that were generally in line with consensus estimates. LOTOS (WSE: LTS), HANDLOWY (WSE: BHW), GTC (WSE: GTC) and ORANGE POLSKA (WSE: OPL) also posted notable declines, sliding down 1.89%-2.42%.
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