Polish equity market closed higher on Friday. The broad market measure, the WIG Index, added 0.86%. Sector performance within the WIG Index was mixed. Banking sector (+1.64%) outperformed, while media (-1.23%) lagged behind.
The large-cap stocks' measure, the WIG30 Index, advanced 0.99%. FMCG-wholesaler EUROCASH (WSE: EUR) was the growth leader among the index components, recording advance of 3.52%. It was followed by three financials names - banks PKO BP (WSE: PKO) and PEKAO (WSE: PEO) and insurer PZU (WSE: PZU), which gained 2.6%, 2.28% and 2.22% respectively. On the other side of the ledger, railway freight transport operator PKP CARGO (WSE: PKP) was the weakest name, dropping 2.82%. Other largest decliners were property developer GTC (WSE: GTC), media group CYFROWY POLSAT (WSE: CPS) and videogame developer CD PROJEKT (WSE: CDR), dropping by 2.18%, 1.62% and 1.1% respectively.