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WSE: Session Results
Polish equity market advanced on Tuesday. The broad market measure, the WIG Index, surged by 1.29%. Except for utilities (-5.52%) and telecoms (-0.32%), every sector in the WIG Index advanced, with materials (+5.13%) outperforming.
The large-cap stocks' measure, the WIG30 Index, added 1.19%. A majority of the index components returned gains, with the way up led by two coal miners JSW (WSE: JSW) and BOGDANKA (WSE: LWB), which climbed by 7.81% and 5.67% respectively. They were followed by copper producer KGHM (WSE: KGH), FMCG-wholesaler EUROCASH (WSE: EUR) and two banks PEKAO (WSE: PEO) and MILLENNIUM (WSE: MIL), which gained between 4.14% and 5%. At the same time, the decliners's list was topped by genco PGE (WSE: PGE), which tumbled by 9.69% as the company's shareholders approved the state treasury's late motion to cut the 2015 dividend payout to PLN 0.25 versus PLN 0.92 management recommendation.
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