Polish equity market closed flat on Friday. The broad market measure, the WIG Index, inched up 0.07%. Sector performance within the WIG Index was mixed. Oil and gas sector (+2.13%) outperformed, while media sector (-3.04%) lagged behind.
The large-cap stocks' measure, the WIG30 Index, added 0.16%. Within the index components, FMCG-wholesaler EUROCASH (WSE: EUR) led the gainers, jumping by 7.38%, supported by an analyst upgrade. It was followed by coking coal miner JSW (WSE: JSW) and oil refiner PKN ORLEN (WSE: PKN), growing by 3.67% and 3.58% respectively. At the same time, the session's most prominent losers were railway freight transport operator PKP CARGO (WSE: PKP), media group CYFROWY POLSAT (WSE: CPS) and chemical producer GRUPA AZOTY (WSE: ATT), which quotations fell by 4.92%, 4.31% and 3.48% respectively. Elsewhere, bank PEKAO (WSE: PEO) declined by 2.87%, dragged down by the announcement that Italy's UniCredit considers selling some of its holding in the bank.