Polish equity market closed higher on Thursday. The broad market benchmark, the WIG Index, surged by 1.38%. All sectors, but for information technology (-0.84%), advanced, with utilities (+2.40%) outpacing.

The large-cap stocks grew by 1.52%, as measured by the WIG30 Index. The index constituents closed mainly higher, with the banks BZ WBK (WSE: BZW) and ALIOR (WSE: ALR) recording the biggest gains, up 4.6% and 3.85% respectively. Other major advancers were footwear retailer CCC (WSE: CCC), genco PGE (WSE: PGE), oil refiner PKN ORLEN (WSE: PKN) and chemical producer GRUPA AZOTY (WSE: ATT), which added between 3.12% and 3.53%. At the same time, clothing retailer LPP (WSE: LPP) led a handful of decliners with a 6.74% drop as the company posted Q2 profit of PLN 89 mln versus analysts' consensus estimate of PLN 98 mln. Other underperformers included videogame developer CD PROJEKT (WSE: CDR), oil refiner LOTOS (WSE: LTS) and IT-company ASSECO POLAND (WSE: ACP), which lost 3.25%, 1.36% and 0.95% respectively.