Polish equity market closed higher on Tuesday. The broad market measure, the WIG Index, rose by 0.7%. The WIG sub-sector indices were mainly higher with materials (+3.29%) outperforming.
The large-cap stocks' measure, the WIG30 Index, surged by 0.97%. A majority of the index components returned gains, with the way up led by oil and gas producer PGNIG (WSE: PGN), which soared by 6.04%. Other major advancers were coking coal miner JSW (WSE: JSW) and two genco TAURON PE (WSE TPE) and PGE (WSE: PGE), which added between 4.03% and 5.8%. Among few decliners, two oil refiners PKN ORLEN (WSE: PKN) and LOTOS (WSE: LTS) were the weakest performers, tumbling by 2.75% and 1.73% respectively, weighted down by analyst downgrade.