• WSE: Session Results

Market news

23 July 2015

WSE: Session Results

Polish equity market demonstrated growth on Thursday. The broad market measure, the WIG Index, gained 0.56%. Almost all sectors in the WIG generated positive returns. The exception were oil and gas industry (-3.24%), materials (-0.62%) and construction sector (-0.39%).

The large-cap stocks' measure, the WIG30 Index, added 0.52%. Within the WIG30 Index components, SYNTHOS (WSE: SNS) led advancers with a 5.3% gain. BOGDANKA (WSE: LWB), LPP (WSE: LPP) and EUROCASH (WSE: EUR) also demonstrated notable increases, boosting by 4.37%, 4.37% and 3.88% respectively. In the meantime, PKN ORLEN (WSE: PKN) suffered the steepest declines, plunging 4.58% as the company's 2Q15 net profit came in below market expectations due to impairments related to some of its shale gas projects. It was followed by copper miner KGHM (WSE: KGH), as well as two other names from oil and gas sector LOTOS (WSE: LTS) and PGNIG (WSE: PGN), which recorded declines between 0.95% and 1.44%.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.