Polish equity market closed lower on Wednesday with the broad market measure, the WIG Index, losing 0.51%. The WIG sub-sector indices were mainly lower with telecoms (-1.61%) lagging behind.
Large-cap stocks' measure the WIG30 Index went down by 0.73%. 2/3 of the 30 stocks in the index basket retreated, and oil refiner LOTOS (WSE: LTS) and coking coal miner JSW (WSE: JSW) performed particularly poorly, falling 3.02% and 2.32% respectively. They were followed by media group CYFROWY POLSAT (WSE: CPS), telecommunication services provider ORANGE POLSKA (WSE: OPL) and insurer PZU (WSE: PZU), dropping by 1.92%, 1.89% and 1.69% respectively. On the plus side, videogame developer CD PROJEKT (WSE: CDR), thermal coal miner BOGDANKA (WSE: LWB) and bank ALIOR (WSE: ALR) were the biggest advancers, adding 1.54%, 1.45% and 1.31% respectively.