Polish equity market retreated on Tuesday. The broad market measure, the WIG Index, lost 1.53%. All sectors, but for telecommunications (+0.92%), were down. Materials (-4.31%) fared the worst, followed by oil and gas sector (-3.21%) and utilities (-2.83%).
The large-cap stocks' measure, the WIG30 Index, fell by 1.92%. There were only a few gainers among the index components. PZU (WSE: PZU) posted the strongest advance, up 1.02%. Other gainers, namely, JSW (WSE: JSW), ORANGE POLSKA (WSE: OPL), EUROCASH (WSE: EUR), GTC (WSE: GTC) and PKP CARGO (WSE: PKP), added less than 1%. On the other side of the ledger, BORYSZEW (WSE: BRS) was the biggest decliner, plunging by 6.54%. It was followed by KGHM (WSE: KGH), slumping 5.20% on weaker copper prices. ENEA (WSE: ENA), LOTOS (WSE: LTS), TAURON PE (WSE: TPE) and PKN ORLEN (WSE: PKN) were also among top fallers, losing more than 4% each.