Polish equity market closed lower on Friday. The broad market measure, the WIG index, fell by 0.77%. The WIG sub-sector indices were mixed. Media (+1.35%) outperformed, while banking sector (-1.20%) lagged behind.
The large-cap stocks' measure, the WIG30 Index, dropped by 0.78%. In the WIG30, clothing retailer LPP (WSE: LPP), led the underperformers with a 3.37% decline, followed by FMCG-wholesaler EUROCASH (WSE: EUR) and four banking names MILLENNIUM (WSE: MIL), PEKAO (WSE: PEO), ALIOR (WSE: ALR) and PKO BP (WSE: PKO), tumbling by 1.78%-2.99%. On the plus side, bank BZ WBK (WSE: BZW) and agricultural producer KERNEL (WSE: KER) were the biggest advancers, climbing by 2.57% and 2.03% respectively.