Polish equity market closed lower on Tuesday. The broad market benchmark, the WIG Index, fell by 0.26%. Sector performance within the WIG Index was mixed. Media stocks (-2.19%) tumbled the most, while telecoms (+5.25%) fared the best.
The large-cap stocks dropped by 0.53%, as measured by the WIG30 Index. In the index basket, media group CYFROWY POLSAT (WSE: CPS) recorded the biggest drop, down 3.21%. It was followed by FMCG-wholesaler EUROCASH (WSE: EUR), oil and gas producer PGNIG (WSE: PGN) and two banks PKO BP (WSE: PKO) and BZ WBK (WSE:BZW), declining by 2.1%-2.6%. At the same time, telecommunication services provider ORANGE POLSKA (WSE: OPL) was the strongest performer, climbing by 6.53%.