Polish equity market closed higher on Tuesday. The broad measure, the WIG index, added 0.51%. Sector-wise, media sector (+2.30%) outperformed, while construction (-0.18%) recorded the worst result.
The large-cap benchmark, the WIG30 Index, grew by 0.7%. In the index basket, railway freight transport operator PKP CARGO (WSE: PKP) led the advancers, climbing by 10.38% after four consecutive sessions of declines, supported by the announcement that Czech billionaire Pavel Tykač wants to buy OKD, which is the main client of Czech AWT, a company owned by PKP CARGO. It was followed by chemical producer GRUPA AZOTY (WSE: ATT), clothing retailer LPP (WSE: LPP) and genco TAURON PE (WSE: TPE), surging by 3.87%, 3.64% and 3.47% respectively. On the other side of the ledger, coking coal miner JSW (WSE: JSW) and insurer PZU (WSE: PZU) were the weakest performers, tumbling by 2.07% and 1.81% respectively.
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