Polish equity market closed higher on Tuesday, with the broad market measure, the WIG Index, surging by 1.75%. Sector performance within the WIG Index was mixed. Banking sector names (+6.35%) were the strongest group, supported by the announcement that the FX loans draft bill does not include forced re-domination of Swiss franc mortgages. At the same time, media stocks (-2.87%) and chemicals names (-2.49%) were the worst performers.

The large-cap companies' measure, the WIG30 Index, grew by 2.19%. In the index basket, all six constituents, belonging to the banking sector, generated strong returns with MILLENNIUM (WSE: MIL) outpacing with a 16.06% gain. On the other side of the ledger, media group CYFROWY POLSAT (WSE: CPS), property developer GTC (WSE: GTC), FMCG-wholesaler EUROCASH (WSE: EUR) and chemical producer GRUPA AZOTY (WSE: ATT) recorded the biggest drops, ranging between 3.36% and 3.93%.