Polish equity market closed lower on Monday. The broad market benchmark, the WIG Index, lost 0.27%. Sector-wise, materials (-1.78%) fared the worst, while food sector (+1.43%) and utilities (+1.28%) outperformed.

The large-cap stocks' measure, the WIG30 Index, fell by 0.29%. Within the WIG30 Index components, EUROCASH (WSE: EUR) was hit the hardest, tumbling by 7.67% on announcement that Poland's main opposition party Law and Justice, which opinion polls show will win a general election on Oct. 25, plans to impose a 2% tax on retail sales for large outlets. It was followed by PZU (WSE: PZU) and KGHM (WSE: KGH), declining by 2.72% and 2.44% respectively. On the other side of the ledger, HANDLOWY (WSE: BHW), KERNEL (WSE: KER) and GTC (WSE: GTC) recorded the strongest daily performance, each gaining more than 3%.