Polish equity market closed higher on Tuesday. The broad market measure, the WIG Index, rose by 0.35%. Sector-wise, media sector (+3.34%) performed best, while telecommunication sector (-1.37%) and utilities (-0.98%) lagged.
Large-cap stocks added 0.31%, as measured by the WIG30 Index. CYFROWY POLSAT (WSE: CPS) led the way up with a 4% gain, rebounding from the previous session's sharp decline. It was followed by GRUPA AZOTY (WSE: ATT) and JSW (WSE: JSW), advancing 2.95% and 2.34% respectively. On the other side of the ledger, utilities names ENERGA (WSE: ENG), TAURON PE (WSE: TPE) and ENEA (WSE: ENA) were among the weakest performers, recording 1.09%-2.37% declines. Elsewhere, ORANGE POLSKA (WSE: OPL) continued to plunge, losing 2.18% on concerns that the company may cut the dividend due to expenses on the 4G rollout.