Polish equity market closed lower on Tuesday. The broad market measure, the WIG Index, declined by 0.36%. Sector performance within the WIG Index was mixed. Telecoms (+1.03%) outperformed, while food sector (-2.17%) lagged behind.
The large-cap stocks' measure, the WIG30 Index, fell by 0.42%. In the index basket, agricultural producer KERNEL (WSE: KER) and coking coal miner JSW (WSE: JSW) topped the decliners' list, tumbling by 3.82% and 3.55% respectively. Among other major laggards were insurer PZU (WSE: PZU), oil refiner LOTOS (WSE: LTS) and genco PGE (WSE: PGE), plunging by 2.18%, 2.12% and 1.93% respectively. On the other side of the ledger, bank MBANK (WSE: MBK) led the gainers, jumping by 2.47%. It was followed by bank MILLENNIUM (WSE: MIL), telecommunication services provider ORANGE POLSKA (WSE: OPL) and two gencos ENERGA (WSE: ENG) and TAURON PE (WSE; TPE), advancing by 1.2%-1.48%.