Polish equity market closed lower on Monday. The broad market benchmark, the WIG Index, plunged by 1.87%. The WIG sub-sector indices were mainly lower with chemicals (-3.3%) lagging behind.

The large-cap companies' measure, the WIG30 Index, fell by 2.62%. Thermal coal producer BOGDANKA (WSE: LWB) was sole gainer within the index constituents, edging up 0.01%. At the same time, FMCG-wholesaler EUROCASH (WSE: EUR) and chemical producer GRUPA AZOTY (WSE: ATT) suffered the steepest drops, down 6.88% and 5.48% respectively. Other major underperformers were footwear retailer CCC (WSE: CCC), oil and gas producer PGNIG (WSE: PGN), chemical producer SYNTHOS (WSE: SNS), agricultural producer KERNEL (WSE: KER), and two gencos PGE (WSE: PGE) and ENERGA (WSE: ENG), which lost between 3.88% and 4.72%.