Polish equity closed higher on Monday. The broad market measure, the WIG Index, surged by 1.27%. Developing sector (-0.39%) was sole decliner within the WIG Index, while oil and gas (+2.18%) outpaced.
The large-cap stocks' benchmark, the WIG30 Index, grew by 1.57%. There were only three decliners among the index components. Thermal coal miner BOGDANKA (WSE: LWB) recorded the biggest drop of 3.06%, retreating after last week's energetic bounce. Other underperformers were coking coal producer JSW (WSE: JSW) and bank PEKAO (WSE: PEO), falling by 2% and 0.24% respectively. On the other side of the ledger, bank BZ WBK (WSE: BZW) topped the list of outperformers, climbing by 4.33%. It was followed by oil refiner PKN ORLEN (WSE: PKN), agricultural producer KERNEL (WSE: KER) and insurer PZU (WSE: PZU), jumping by 3.57%, 3.11% and 2.66% respectively.