• WSE: Session Results

Market news

18 August 2016

WSE: Session Results

Polish equity market closed flat on Thursday. The broad market measure, the WIG Index, edged down 0.08%. From a sector perspective, information technology (+0.87%) fared the best, while banking sector (-1.13%) lagged behind.

The large-cap stocks' measure, the WIG30 Index, fell by 0.20%. In the index basket, coking coal producer JSW (WSE: JSW) was hit the hardest, down 7.25%, as the company announced its net loss narrowed to PLN 89.3 mln (-79.2% y/y) in Q2, while analysts' consensus estimate suggested reduction to PLN 43.7 mln. It was followed by property developer GTC (WSE: GTC), genco ENERGA (WSE: ENG) and bank PKO BP (WSE: PKO), plunging by 2.46%, 2.18% and 2.17%. On the other side of the ledger, clothing retailer LPP (WSE: LPP) and agricultural producer KERNEL (WSE: KER) recorded the biggest daily gains, surging by 2.01% and 1.72% respectively.

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