Polish equity market closed higher on Monday. The broad market measure, the WIG index, added 0.51%. Sector performance within the WIG Index was mixed. Oil and gas sector (+2.94%) was the strongest group, while telecoms (-1.32%) lagged behind.

The large-cap benchmark, the WIG30 Index, rose by 0.78%. Within the index components, oil and gas producer PGNIG (WSE: PGN) and property developer GTC (WSE: GTC) led the gainers, climbing by 5.44% and 3.75% respectively. Other major advancers were bank ALIOR (WSE: ALR), oil refiner PKN ORLEN (WSE: PKN), footwear retailer CCC (WSE: CCC), insurer PZU (WSE: PZU) and FMCG-wholesaler EUROCASH (WSE: EUR), gaining between 1.62% and 2.66%. On the other side of the ledger, thermal coal miner BOGDANKA (WSE: LWB), chemical producer GRUPA AZOTY (WSE: ATT) and telecommunication services provider ORANGE POLSKA (WSE: OPL) were among the weakest performers, dropping by 3.29%, 2.15% and 2.05% respectively.