Polish equities rebounded on Thursday. The broad marker measure, the WIG Index, added 0.99%. Sector-wise, construction sector (-0.88%) and telecoms (-0.63%) were the only sectors, which posted negative results. At the same time, utilities (+3.10%) and materials (+2.58%) were the best-performing groups.
Large-cap stocks advanced by 1.13% as measured by the WIG30 Index. Most index constituents posted gains, led by utilities names PGE (WSE: PGE) and TAURON PE (WSE: TPE), which surged by 4.09% and 4.02% respectively. They were followed by agriculture name KERNEL (WSE: KER), which jumped by 3.48%, erasing yesterday's drop. On the other side of the ledger, chemicals name SYNTHOS (WSE: SNS) and telecoms name ORANGE POLSKE (WSE: OPL) led the few decliners, losing 1.08% and 1% respectively.