Polish equity market closed higher on Tuesday. The broad market measure, the WIG Index, rose by 0.29%. Sector performance within the WIG Index was mixed. Oil and gas sector (+1.42%) was the strongest group, while materials (-0.90%) lagged behind.
The large-cap stocks' measure, the WIG30 Index, added 0.21%. In the index basket, thermal coal miner BOGDANKA (WSE: LWB) led the way up, climbing by 2.22%. The company announced it could boost coal reserves by 200-350 mln tonnes if it obtains a mining license for Ostrow deposit. Other major gainers were chemical producer SYNTHOS (WSE: SNS), oil and gas producer PGNIG (WSE: PGN) and genco ENERGA (WSE: ENG), which advanced 2.1%, 2.01% and 1.77% respectively. On the other side of the ledger, coking coal producer JSW (WSE: JSW) recorded the largest decline of 2.09%. It was followed by bank BZ WBK (WSE: BZW) and property developer GTC (WSE: GTC), dropping by 1.71% and 1.65% respectively.