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WSE: Session Results
Polish equities advanced on Thursday. The broad market measure, the WIG Index, added 0.57%. Except for materials (-0.42%) and food (-0.80%), every sector in the WIG Index rose, with construction (+2.81%) outperforming.
The large-cap stocks' measure, the WIG30 Index, grew by 0.62%. In the index basket, railway freight transport operator PKP CARGO (WSE: PKP) led the gainers with a 2.09% advance, followed by telecommunication services provider ORANGE POLSKA (WSE: OPL), oil and gas producer PGNIG (WSE: PGN) and IT-company ASSECO POLAND (WSE: ACP), surging by 1.91%, 1.8% and 1.72% respectively. On the other side of the ledger, genco ENERGA (WSE: ENG) was the poorest performer, tumbling by 2.55% as the company posted bigger-than-expected Q2 net loss of PLN 127 mln ($33.29 mln) due to an asset value impairment. Analysts had expected ENERGA to report a net loss of PLN 19.9 mln, compared with a net profit of PLN 178 mln in the same period last year. Other major decliners were genco TAURON PE (WSE: TPE) and coking coal miner JSW (WSE: JSW), dropping by 1.94% and 1.61% respectively.
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