Polish equity market closed higher on Thursday. The broad market benchmark, the WIG Index, added 0.33%. Sector-wise, oil and gas sector (+0.81%) was the best-performing group, while telecoms (-0.32%) lagged behind.
The large-cap stocks' measure, the WIG30 Index, grew by 0.36%. Within the index components, two coal miners JSW (WSE: JSW) and BOGDANKA (WSE: LWB), and footwear retailer CCC (WSE: CCC) topped the list of the session's best performers, gaining 4.64%, 2.98% and 2.17% respectively. Oil and gas company PGNIG (WSE: PGN) advanced 1.99% after the company announced appointment of its new CEO. On the other side of the ledger, FMCG-wholesaler EUROCASH (WSE: EUR) recorded the biggest drop of 2.12%, following the news Poland plans to impose a new retail tax at between 0.4% and 1.4% of companies' monthly revenue. Other major decliners were property developer GTC (WSE: GTC), banking sector name ING BSK (WSE: ING) and copper producer KGHM (WSE: KGH), plunging by 2.04%, 0.73% and 0.63% respectively.