Polish equity market advanced on Friday. The broad market measure, the WIG index, surged by 2.04%. All sectors in the WIG gained, with utilities (+4.23%) and materials (+3.90%) outperforming.
The large-cap stocks' gauge, the WIG30 Index, rose by 2.46%. A majority of the index components recorded advances, with shares of bank MBANK (WSE: MBK; +6.99%), footwear retailer CCC (WSE: CCC; +6.06%) and genco ENERGA (WSE: ENG; +5.95%) leading gains. At the same time, the handful losers included clothing retailer LPP (WSE: LPP; -1.45%), thermal coal miner BOGDANKA (WSE: LWB; -1.2%), railway freight transport operator PKP CARGO (WSE: PKP; -0.77%), oil refiner PKN ORLEN (WSE: PKN; -0.7%) and property developer GTC (WSE: GTC; -0.29%).