Polish equity market advanced on Monday. The broad market measure, the WIG Index, added 0.55%. Sector performance in the WIG index was mixed. Oil and gas sector (+2.92%) fared the best, while telecoms (-0.53%) lagged behind.

The large-cap companies' measure, the WIG30 Index, rose 0.67%. Within the index components, two oil refiners LOTOS (WSE: LTS) and PKN ORLEN (WSE: PKN) led the gainers, recording advances of a respective 4.49% and 3.62%. Other major outperformers were coking coal producer JSW (WSE: JSW) and three utilities names PGE (WSE: PGE), ENEA (WSE: ENA) and ENERGA (WSE: ENG), jumping by 1.48%-2.81%. On the other side of the ledger, railway freight transport operator PKP CARGO (WSE: PKP) and FMCG-wholesaler EUROCASH (WSE: EUR) recorded the biggest drops, tumbling 4.16% and 3.7% respectively. They were followed by IT-company ASSECO POLAND (WSE: ACP) and footwear retailer CCC (WSE: CCC), declining 1.71% and 1.65% respectively.