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WSE: Session Results
Polish equity market closed higher on Tuesday. The broad market measure, the WIG index, added 1.06%. Sector-wise, materials (+2.65%) fared the best, while media (-1.46%) posted the worst result.
The large-cap stocks' measure, the WIG30 Index, advanced 1.58%. Clothing retailer LPP (WSE: LPP) kept its position as a growth leader among the large-cap stocks, gaining a further 11.36%. Overall, the retailer added more than 27% after two consecutive days of growth, triggered by strong sales data. It was followed by insurer PZU (WSE: PZU), jumping by 7.13%. The company published its new dividend policy, assuming payouts of at least 50% of its consolidated attributable net profit in 2016-2020. Other major advancers were railway freight transport operator PKP CARGO (WSE: PKP), genco ENEA (WSE: ENA) and two coal miners JSW (WSE: JSW) and BOGDANKA (WSE: LWB), surging by 4.19%-6.07%. On the other side of the ledger, the session's biggest laggards were videogame developer CD PROJEKT (WSE: CDR), genco TAURON PE (WSE: TPE) and media group CYFROWY POLSAT (WSE: CPS), dropping by 2.58%, 2.35% and 2.25% respectively.
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