Polish equity market closed lower onTuesday. The broad market measure, the WIG index, lost 0.26%. Sector performance within the WIG Index was mixed. Oil and gas sector stocks (-1.10%) fared the worst, while materials (+1.88%) outperformed.
The large-cap stocks' measure, the WIG30 Index, fell by 0.24%. The decliners were led by videogame developer CD PROJEKT (WSE: CDR), which tumbled by 2.32%. Other biggest laggards included three banking sector names PKO BP (WSE: PKO), MILLENNIUM (WSE: MIL) and BZ WBK (WSE: BZW), and two oil and gas sector stocks PKN ORLEN (WSE: PKN) and PGNIG (WSE: PGN), which plunged by 0.94%-1.71%. On the other side of the ledger, coking coal producer JSW (WSE: JSW) recorded the strongest daily result, climbing 8.66% on analyst upgrade. It was followed by clothing retailer LPP (WSE: LPP), media group CYFROWY POLSAT (WSE: CPS) and copper producer KGHM (WSE: KGH), which advanced by 2.23%, 1.55% and 1.41% respectively.