Polish equity market closed lower on Thursday with the broad market measure, the WIG Index, losing 1.3%. The WIG sub-sector indices were mainly lower with banking sector measure (-3.01%) underperforming.
Large-cap stocks' measure WIG30 declined by 1.61%. Nearly 2/3 of the 30 companies in the index basket retreated, and bank PEKAO (WSE: PEO) performed particularly poorly, tumbling 5.17%. Other major decliners were copper producer KGHM (WSE: KGH), genco ENERGA (WSE: ENG) and two banks PKO BP (WSE: PKO) and ING BSK (WSE: ING), falling by 3.18%-3.58%. On the contrary, chemical producer GRUPA AZOTY (WSE: ATT) became the session's biggest advancer with a 3.93% gain, followed by coking coal producer JSW (WSE: JSW), clothing retailer LPP (WSE: LPP) and oil refiner LOTOS (WSE: LTS), adding 1.73%, 1.19% and 1.12% respectively.