Polish equity market enjoyed a strong run on Monday with the WIG Index closing up 2.01%. Raw materials sector (-0.06%) was sole decliner within the WIG Index, while chemicals (+5.5%) outpaced.
The large-cap WIG30 Index performed better than the broad market benchmark, advancing 2.37%. A majority of the Index components returned gains, with the way up led by GRUPA AZOTY (WSE: ATT), jumping 11.89 %. Every banking name also posted solid gains (2.43%-5.5%) except for ALIOR (WSE: ALR), which corrected down 1.55%. Other weak stocks included BOGDANKA (WSE: LWB), GTC (WSE: GTC) and TVN (WSE: TVN), generating losses of 2.02%, 0.79% and 0.37% respectively.