Polish equity market closed lower on Monday. The broad market measure, the WIG Index, declined by 1.07%, breaking a four day winning streak. The WIG sub-sector indices mostly closed in negative territory, with mining stocks benchmark, the WIG-MINING Index, (-2.3%) lagging behind.
The large-cap stocks' gauge, the WIG30 Index, dropped by 1.41%. A majority of the index components retreated, with coking coal miner JSW (WSE: JSW) underperforming with a 3.32% decline. Other major laggards were agricultural producer KERNEL (WSE: KER), oil refiner PKN ORLEN (WSE: PKN), copper producer KGHM (WSE: KGH) and three banking names BZ WBK (WSE: BZW), MBANK (WSE: MBK) and PEKAO (WSE: PEO), which tumbled by 2.14%-2.9%. At the same time, the few gainers included property developer GTC (WSE: GTC), bank ING BSK (WSE: ING), chemical producer SYNTHOS (WSE: SNS), footwear retailer CCC (WSE: CCC) and genco ENERGA (WSE: ENG), advancing by 0.29%-0.93%.
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