Polish equities closed flat on Wednesday. The broad market measure, the WIG Index, inched up 0.08%. Sector performance within the WIG Index was mixed. Banking sector (-0.98%) fared the worst, while materials (+1.90%) outperformed.

The large-cap stocks' measure, the WIG30 Index, dropped by 0.18%. In the index basket, banks MBANK (WSE: MBK) and MILLENNIUM (WSE: MIL) were the poorest performers, slumping 3.57% and 3.28% respectively on analyst downgrade. They were followed by agricultural producer KERNEL (WSE: KER) and FMCG-wholesaler EUROCASH (WSE: EUR), tumbling 2.54% and 2.15% respectively. On the plus side, genco TAURON PE (WSE: TPE), thermal coal miner BOGDANKA (WSE: LWB), footwear retailer CCC (WSE: CCC) and copper producer KGHM (WSE: KGH) posted the best gains, returning 2.01%-3.17%.