Polish equity market closed higher on Wednesday. The broad market measure, the WIG Index, rose by 0.22%. Sector performance within the WIG Index was mixed. Utilities (+2.3%) outpaced, while materials (-3.14%) underperformed.
The large-cap stocks gained 0.26%, as measured by the WIG30 Index, with the way up led by genco ENERGA (WSE: ENG), which surged by 6.42%. It was followed by insurer PZU (WSE: PZU), genco PGE (WSE: PGE), bank PKO BP (WSE: PKO) and chemical producer GRUPA AZOTY (WSE: ATT), adding between 2.03% and 3.59%. On the other side of the ledger, coking coal miner JSW (WSE: JSW) kept its position as the worst performing name, tumbling by 9.44%. Other major decliners were thermal coal miner BOGDANKA (WSE: LWB), bank ING BSK (WSE: ING) and videogame developer CD PROJEKT (WSE: CDR), which lost 3.98%, 2.93% and 2.87% respectively.
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