Polish equity market closed higher on Monday. The broad market measure, the WIG Index, rose by 0.54%. The WIG sub-sector indices were mainly higher with food stock gauge (+2.35%) outperforming.

The large-cap stocks' measure, the WIG30 Index, surged by 0.79%. A majority of the index components returned gains, with the way up led by coking coal miner JSW (WSE: JSW), which advanced 5.89% as the stock continued to recover after significant declines in late December through early January, which pushed its quotation down nearly 20%. Other major advancers were chemical producer SYNTHOS (WSE: SNS), agricultural producer KERNEL (WSE: KER) and insurer PZU (WSE: PZU), which soared 3.56%, 3.52% and 2.83% respectively. At the same time, FMCG-wholesaler EUROCASH (WSE: EUR) led a handful of decliners with a 2.43% drop, followed by thermal coal miner BOGDANKA (WSE: LWB), bank PEKAO (WSE: PEO), oil refiner PKN ORLEN (WSE: PKN) and IT-company ASSECO POLAND (WSE: ACP), tumbling between 0.49% and 1.52%.