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WSE: Session Results
Polish Equity market tumbled on Monday amid collapse in global markets. The broad market measure, the WIG Index, went down by 5.66%. Materials sector (-14.84%) was the biggest drag on the index, followed by chemicals (-7.68%), food (-6.64%) and oil and gas sectors (-6.29%).
The large-cap stocks' measure, the WIG30 Index, fell by 5.87%. All index components generated losses. BOGDANKA (WSE: LWB) was the poorest performer, plunging 29.66% on news that the company's key client ENEA (WSE: ENA; -8.84%) terminated a long-term coal supply contract. KGHM (WSE: KGH) emerged as the second worst-performing stock in the index basket, slumping by 12.76% as copper prices continued to crumble. GRUPA AZOTY (WSE: ATT) and JSW (WSE: JSW) also posted double-digit losses, dropping by 11.71% and 10.32%.
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