Polish equity market closed slightly higher on Tuesday. The broad market measure, the WIG index, added 0.83%. Except for chemicals (-0.14%) and utilities (-0.39%), every sector in the WIG Index rose, with materials (+5.29%) outperforming.
The large-cap benchmark, the WIG30 Index, surged by 0.77%. Within the index components, copper producer KGHM (WSE: KGH) and coal miners BOGDANKA (WSE: LWB) and JSW (WSE: JSW) led the gainers, skyrocketing by 5.29%, 8.83% and 3.43% respectively, supported by rallies in commodities. Other major advancers were oil refiner PKN ORLEN (WSE: PKN), agricultural producer KERNEL (WSE: KER) and bank PEKAO (WSE: PEO), climbing by 2.82%, 2.71% and 2.13% respectively. On the other side of the ledger, genco ENERGA (WSE: ENG), chemical producer GRUPA AZOTY (WSE: ATT) and bank MILLENNIUM (WSE: MIL) were among the weakest performers, dropping by 2.3%, 2.02% and 1.79% respectively.