Polish equity market surged on Thursday. The broad market measure, the WIG Index, added 1.76%. Sector-wise, materials (-2.83%) fared the worst, while telecoms (+3.41%) outperformed.
The large-cap stocks' measure, the WIG30 Index, advanced by 1.98%. There were only four decliners among the index components. Copper producer KGHM (WSE: KGH) was the worst-performing name, falling by 3.16%. Other laggards were banking name MBANK (WSE: MBK), clothing retailer LPP (WSE: LPP) and chemical producer GRUPA AZOTY (WSE: ATT), losing 2.47%, 1.62% and 0.1% respectively. On the other side of the ledger, FMCG wholesaler EUROCASH (WSE: EUR) became the strongest advancer, jumping 7.14%. It was followed by banking name HANDLOWY (WSE: BHW) and genco ENEA (WSE: ENA), climbing by 5.18% and 4.98% respectively.