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WSE: Session Results
Polish equity market finished Thursday's session 0.92% lower, as measured by the WIG index. Sector-wise, utilities (-3.01%) fared the worst on concerns that Polish power companies could be forced to aid a coal miner Kompania Weglowa (KW) as the government announced it had withdrawn a rescue plan for KW to avoid European probe. On the contrary, telecommunication stocks (+2.07%) outperformed.
The large-cap stocks' measure, the WIG30 Index, fell by 1.01%. The decliners were led by PGE (WSE: PGE) and ENERGA (WSE: ENG), which tumbled by 4.36% and 3.26% respectively. Other major fallers were CCC (WSE: CCC), PZU (WSE: PZU), PKN ORLEN (WSE: PKN), GRUPA AZOTY (WSE: ATT) and TAURON PE (WSE: TPE), plunging by 2.11%-2.64%. On the other side of the ledger, ORANGE POLSKA (WSE: OPL) recorded the strongest daily result, soaring by 2.71%.
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