Polish equities closed lower on Friday. The broad market benchmark, the WIG Index, lost 0.76%. Sector performance within the WIG Index was mixed. Oil and gas (-3.15%) fell the most, while media (+1.61%) fared the best.
The large-cap stocks plunged by 0.83%, as measured by the WIG30 Index. Within the index components, three oil and gas industry stocks - PKN ORLEN (WSE: PKN), PGNIG (WSE: PGN) and LOTOS (WSE: LTS), as well as four banking sector names - BZ WBK (WSE: BZW), MILLENNIUM (WSE: MIL), PKO BP (WSE: PKO) and ING BSK (WSE: ING), led the laggards, tumbling between 2.03% and 3.75%. On the other side of the ledger, insurer PZU (WSE: PZU) topped the list of gainers with a 2.61% advance, followed by railway freight transport operator PKP CARGO (WSE: PKP) and FMCG-wholesaler EUROCASH (WSE: EUR), which rose by 2.24% and 2% respectively.
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