Polish equity market plunged on Monday. The broad market measure, the WIG Index, declined by 0.28%. The WIG sub-sector indices closed mixed. The WIG Clothes (-1.56%) fell the most, while WIG-Pharmaceuticals (+1.32%) outpaced.

The large-cap stocks' measure, the WIG30 Index, fell by 0.59%. Almost 2/3 of the index components recorded losses. Footwear retailer CCC (WSE: CCC) topped the decliners' list, dropping by 4.04%, weight down by an analyst downgrade. Among other largest decliners were three banking sector stocks MBANK (WSE: MBK), BZ WBK (WSE: BZW) and PKO BP (WSE: PKO), and coking coal miner JSW (WSE: JSW), which slumped between 2.11% and 2.83%. At the same time, property developer GTC (WSE: GTC) led the gainers with a 3.01% advance, followed by railway freight transport operator PKP CARGO (WSE: PKP), oil and gas producer PGNIG (WSE: PGN) and videogame developer CD PROJEKT (WSE: CDR), which added 2.86%, 1.87% and 1.21% respectively.