Polish equity market closed lower on Friday. The broad market measure, the WIG Index, slumped by 0.12%. Sector performance within the WIG Index was mixed. Oil and gas stocks (-2.85%) tumbled the most, while food names (+1.08%) fared the best.
The large-cap stocks fell by 0.31%, as measured by the WIG30 Index. In the index basket, genco ENEA (WSE: ENA) and oil refiner PKN ORLEN (WSE: PKN) led the decliners, tumbling by 3.94% and 3.71% respectively. They were followed by coking coal miner JSW (WSE: JSW), oil refiner LOTOS (WSE: LTS), telecommunication services provider ORANGE POLSKA (WSE: OPL) and gas producer PGNIG (WSE: PGN), which lost between 1.65% and 2.70%. On the other side of the ledger, bank ALIOR (WSE: ALR) was the session's best performer, advancing 4.17%. Other major gainers were agricultural producer KERNEL (WSE: KER) and two gencos ENERGA (WSE: ENG) and TAURON PE (WSE: TRE), which advanced between 2.08% and 2.40%.