Polish equity market closed higher on Friday. The broad market measure, the WIG Index, rose by 0.39%. Except for banking sector (-0.12%) and oil and gas (-0.55%), every sector in the WIG Index gained, with materials (+2.56%) outperforming.
The large-cap stocks' measure, the WIG30 Index added 0.46%. A majority of the index components recorded advances. In the index basket, coking coal miner JSW (WSE: JSW) was the strongest name, climbing by 6.82%. It was followed by videogame developer CD PROJEKT (WSE: CDR), FMCG-wholesaler EUROCASH (WSE: EUR), telecommunication services provider ORANGE POLSKA (WSE: OPL) and chemical producer SYNTHOS (WSE: SNS), which added between 2.34% and 3.61%. On the other side of the ledger, banking sector names MILLENNIUM (WSE: MIL) and MBANK (WSE: MBK) led a handful of losers, dropping by 2.44% and 1.29% respectively.