Polish equity market closed lower on Thursday. The broad market measure, the WIG Index, declined by 0.18%. Sector performance within the WIG Index was mixed. Media (+3.61%) outperformed, while oil and gas (-2.41%) lagged behind.
The large-cap stocks' measure, the WIG30 Index, fell by 0.28%. In the index basket, the decliners were led by oil refiner PKN ORLEN (WSE: PKN), which tumbled by 3.38%. Other major laggards were bank ALIOR (WSE: ALR), insurer PZU (WSE: PZU) and genco ENERGA (WSE: ENG), which plunged by 2.78%, 2.25% and 1.60% respectively. On the other side of the ledger, coking coal miner JSW (WSE: JSW) led the gainers, jumping by 6.38%, partially supported by an analyst upgrade. It was followed by media group CYFROWY POLSAT (WSE: CPS), thermal coal miner BOGDANKA (WSE: LWB) and property developer GTC (WSE: GTC), which advanced by 4.44%, 3.27% and 2.65% respectively.
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