Polish equity market advanced on Monday. The broad market measure, the WIG Index, surged by 1.21%. The WIG sub-sector indices were mainly higher with utilities measure (+2.7%) outpacing.
The large-cap stocks' measure, the WIG30 Index, advanced 1.61%. A majority of the index components returned gains, with the way up led by genco ENEA (WSE: ENA) and clothing retailer LPP (WSE: LPP), climbing by 4.77% and 4.44% respectively. Other major advancers were two gencos ENERGA (WSE: ENG) and TAURON PE (WSE: TPE), banking sector name MBANK (WSE: MBK) and oil refiner LOTOS (WSE: LTS), adding between 3.08% and 4%. At the same time, the handful decliners included railway freight transport operator PKP CARGO (WSE: PKP), videogame developer CD PROJEKT (WSE: CDR), oil and gas producer PGNIG (WSE: PGN) and property developer GTC (WSE: GTC), losing between 0.6% and 1.34%.