Polish equities closed lower on Monday. The broad market benchmark, the WIG Index, lost 0.72%. Sector performance within the WIG Index was mixed. Utilities (-2.50%) fell the most, while materials (+0.75%) fared the best.

The large-cap stocks plunged by 0.89%, as measured by the WIG30 Index. Within the index components, four utilities names TAURON PE (WSE: TPE), PGE (WSE: PGE), ENEA (WSE: ENA) and ENERGA (WSE: ENG) were among the major laggards, tumbling between 2.82% and 4.04%. Other biggest decliners were oil and gas producer PGNIG (WSE: PGN), bank MBANK (WSE: MBK) and FMCG-wholesaler EUROCASH (WSE: EUR), which lost 2.87%, 2.23% and 2.22% respectively. On the other side of the ledger, coking coal miner JSW (WSE: JSW) topped the list of gainers with a 2.94% advance, followed by chemical producer SYNTHOS (WSE: SNS) and property developer GTC (WSE: GTC), which rose by 1.82% and 1.63%.