Polish equity market closed lower on Friday. The broad measure, the WIG index, lost 0.39%. Sector-wise, developing sector (+0.42%) was sole gainer within the WIG Index, while materials (-2.09%) and food sector (-2.12%) fared the worst.

The large-cap benchmark, the WIG30 Index, fell by 0.58%. Within the index components, agricultural holding KERNEL (WSE: KER) led the decliners, tumbling by 4.51%. The company reported it had divested two oilseed crushing plants located in southern Russia with a total crushing capacity of 200 ths tons of sunflower seed per year. Other biggest losers were copper producer KGHM (WSE: KGH), media group CYFROWY POLSAT (WSE: CPS) and bank BZ WBK (WSE: BZW), retreating by 2.46%, 2.07% and 2.01% respectively. On the other side of the ledger, clothing retailer LPP (WSE: LPP), bank ING BSK (WSE: ING) and thermal coal miner BOGDANKA (WSE: LWB) were the best-performing names, advancing by 2.7%, 1.91% and 1.66% respectively.