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WSE: Session Results
The Polish equity market continued its upward trend on Wednesday. The broad market measure, the WIG index, advanced 0.43%. Almost all sectors in the WIG generated positive returns. The only exception was banking sector (-0.63%). At the same time, materials (+3.14%) and media (+1.09%) were the best-performers.
The large-cap stocks' measure, the WIG30 Index, surged by 0.42%. In the index basket, banking sector name ALIOR (WSE: ALR), clothing retailer LPP (WSE: LPP) and genco TAURON PE (WSE: TPE) generated the biggest advances, soaring by 5.35%, 4.54% and 4.12% respectively. Other major gainers were oil and gas producer PGNIG (WSE: PGN), coking coal miner JSW (WSE: JSW) and copper producer KGHM (WSE: KGH), adding between 3.22% and 3.85%. On the other side of the ledger, genco ENEA (WSE: ENA) led the decliners, dropping by 2.67% on news that Poland's state treasury was in talks with Polish billionaire Zygmunt Solorz-Zak to swap his controlling stake in ENEA's rival ZE PAK for ENEA's new shares. It was followed by bank PEKAO (WSE: PEO) and insurer PZU (WSE: PZU), sliding by 2.49% and 1.63% respectively.
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