Polish equity market closed higher on Wednesday. The broad market measure, the WIG Index, rose by 0.91%. Sector performance within the WIG Index was mixed. Utilities sector (+1.70%) was the strongest group, while materials (-0.47%) lagged behind.

The large-cap stocks' measure, the WIG30 Index, surged by 1.18%. In the index basket, the day's strongest performers included genco TAURON PE (WSE: TPE) and four banking sector stocks, namely MBANK (WSE: MBK), MILLENNIUM (WSE: MIL), BZ WBK (WSE: BZW) and ING BSK (WSE: ING), which gained between 2.85% and 624%. On the other side of the ledger, property developer GTC (WSE: GTC) and bank PEKAO (WSE: PEO) were hit the hardest, down 1.18% and 1.06% respectively. Other biggest losers were chemical producer SYNTHOS (WSE: SNS) and media group CYFROWY POLSAT (WSE: CPS), which fell by 0.54% and 0.47% respectively.