Polish equity market plunged on Friday. The broad market measure, the WIG Index, declined by 1.94%. Materials sector (+1.05%) was sole gainer within the WIG Index, while media sector (-6.61%) lagged behind.
The large-cap stocks' measure, the WIG30 Index, fell by 2.29%. A majority of the index components recorded losses. Media group CYFROWY POLSAT (WSE: CPS) and clothing retailer LPP (WSE: LPP) topped the decliners' list, dropping 7.64% and 5.41% respectively. They were followed by gencos PGE (WSE: PGE) and TAURON PE (WSE: TPE), slumping 4.61% and 4.36% respectively. At the same time, copper producer KGHM (WSE: KGH), genco ENERGA (WSE: ENG) and oil refiner PKN ORLEN (WSE: PKN) were the only names that stepped up, returning gains of 1.52%, 0.5% and 0.3% respectively.