Polish equity market closed lower on Monday. The broad market measure, the WIG index, lost 0.51%. Except for banking sector (+0.26%), oil and gas (+0.19%) and materials (+0.06%), every sector in the WIG Index declined, with food sector (-3.02%) lagging behind.

The large-cap benchmark, the WIG30 Index, fell by 0.34%. Within the index components, agricultural producer KERNEL (WSE: KER) was the worst-performing name, tumbling by 4.88%. The other notable losers were chemical producer GRUPA AZOTY (WSE: ATT), bank ALIOR (WSE: ALR) and property developer GTC (WSE: GTC), which plunged by 3.75%, 2.86% and 2.62% respectively. On the other side of the ledger, bank MBANK (WSE: MBK), coking coal miner JSW (WSE: JSW) and footwear retailer CCC (WSE: CCC) topped the advancers list, gaining 2.79%, 2.64% and 2.27% respectively.