Polish equity market closed lower on Wednesday. The broad market measure, the WIG Index, fell by 0.22%. Sector performance within the WIG Index was mixed. Banking sector (-0.77%) dropped the most, while materials (+2.69%) fared the best.

The large-cap stocks' measure, the WIG30 index, went down 0.16%. In the index basket, bank PEKAO (WSE: PEO) led the decliners, dropping by 3.06% on the back of the announcement that UniCredit considers selling its stake in the bank. Other biggest losers were insurer PZU (WSE: PZU), clothing retailer LPP (WSE: LPP) and oil refiner LOTOS (WSE: LTS), retreating by 2.63%, 1.92% and 1.25% respectively. On the country, agricultural producer KERNEL (WSE: KER), copper producer KGHM (WSE: KGH) and coking coal miner JSW (WSE: JSW) were the top advancers, gaining 3.44%, 2.83% and 2.17% respectively.