Polish equity market closed lower on Thursday. The broad market measure, the WIG index, declined by 2.02%. All sectors in the WIG retreated, with chemicals (-4.27%) lagging behind.
The large-cap stocks' gauge, the WIG30 Index, fell by 2.27%. A majority of the index components recorded losses, with chemical producer GRUPA AZOTY (WSE: ATT) underperforming with a 7.76% decline. Other major laggards were genco TAURON PE (WSE: TPE), oil and gas producer PGNIG (WSE: PGN) and clothing retailer LPP (WSE: LPP), which dropped by 5.86%, 5.11% and 4.54% respectively. At the same time, the handful advancers included bank ING BSK (WSE: ING), oil refiner PKN ORLEN (WSE: PKN) and agricultural producer KERNEL (WSE: KER), which gained 2.46%, 0.43% and 0.16% respectively.