Polish equity market closed lower on Monday. The broad market measure, the WIG index, lost 0.63%. Except for informational technology sector (+0.21%) and food sector (+0.84%), every sector in the WIG Index fell, with chemicals (-1.51%) lagging behind.
The large-cap stocks' measure, the WIG30 Index, declined by 0.83%. In the index basket, clothing retailer LPP (WSE: LPP) continued to retreat, correcting downwards by 4.31% after a significant surge, which was recorded earlier this month. It was followed by chemical producer GRUPA AZOTY (WSE: ATT), genco ENERGA (WSE: ENG) and copper producer KGHM (WSE: KGH), plunging by 2.86%, 2.15% and 2.05% respectively. On the other side of the ledger, coking coal miner JSW (WSE: JSW) recorded the strongest daily performance, soaring by 7% on improved outlooks for the company. Among the other biggest gainers were bank MBANK (WSE: MBK), railway freight transport operator PKP CARGO (WSE: PKP) and agricultural producer KERNEL (WSE: KER), advancing 2.86%, 1.42% and 1.35% respectively.