Polish equity closed lower on Monday. The broad market measure, the WIG Index, fell by 0.87%. All sectors in the WIG generated negative returns, with media (-1.80%) and materials (-1.50%) underperforming.
The large-cap stocks' benchmark, the WIG30 Index, slumped by 1.19%. There were only three gainers among the index components. Thermal coal miner BOGDANKA (WSE: LWB) recorded the biggest advance of 0.58%. Other outperformers were oil and gas producer PGNIG (WSE: PGN) and property developer GTC (WSE: GTC), adding 0.4% and 0.12% respectively. On the other side of the ledger, coking coal producer JSW (WSE: JSW) topped the list of laggards, tumbling by 3.46%. It was followed by media group CYFROWY POLSAT (WSE: CPS), genco PGE (WSE: PGE) and bank MBANK (WSE: MBK), declining by 2.24%, 2.17% and 2.05% respectively.