Polish equity market suffered steep losses Wednesday on the Greek threat. All sectors posted negative daily returns. Banking sector (-1.99%) was down to a larger degree, followed by materials (-1.60%) and chemicals (-1.57%).

The large-cap stocks' measure, the WIG30 Index, declined by 1.53%. EUROCASH (WSE: EUR) was the only large-cap name that generated positive return, gaining 0.31%. At the same time, LPP (WSE: LPP) and SYNTHOS (WSE: SNS) were hit the hardest, losing 3.50% and 3.31% respectively. Separate banking stocks, namely BZ WBK (WSE: BZW), ING BSK (WSE: ING), PKO BP (WSE: PKO) and MBANK (WSE: MBK), also recorded dramatic changes, declining by 2.15%-3.28%.