The Polish equity market closed lower on Thursday. The broad-market measure, the WIG Index, fell by 0.11%. Sector performance in the WIG Index was mixed. Clothes sector names (-1.32%) fared the worst, while food stocks (+3.98%) recorded the biggest gains.

The large-cap stocks' measure, the WIG30 Index, lost 0.2%. In the index basket, insurer PZU (WSE: PZU) declined the most, down 2.32%, followed by bank PKO BP (WSE: PKO), footwear retailer CCC (WSE: CCC) and ), FMCG-wholesaler EUROCASH (WSE: EUR), losing 2.31%, 2.07% and 2.04% respectively. At the same time, agricultural producer KERNEL (WSE: KER) continued to extend gains for the second straight day, jumping by another impressive 6.34%. Other major outperformers were railway freight transport operator PKP CARGO (WSE: PKP), copper producer KGHM (WSE: KGH) and two banking sector names MBANK (WSE: MBK) and BZ WBK (WSE: BZW), which added between 2.13% and 3.66%.