Polish equities declined on Wednesday. The broad market benchmark, the WIG Index, lost 1.09%. Most sectors fell, with construction stocks (-2.10%) posting the sharpest drop.

The large-cap stocks plunged by 1.49%, as measured by the WIG30 Index. Within the index components, LOTOS (WSE: LTS) suffered the steepest decline, dropping 3.96% on the back of the news that the company sought financing to launch production from its Baltic oil platform as one of the banks, which were engaged in the project, announced intention to withdraw from the consortium. Other major laggards were MBANK (WSE: MBK), PKP CARGO (WSE: PKP), ENEA (WSE: ENA), GRUPA AZOTY (WSE: ATT) and PGNIG (WSE: PGN), losing 2.39-3.59%. On the other side of the ledger, KERNEL (WSE: KER) led a handful of gainers with a 2.65% advance, followed by EUROCASH (WSE: EUR), climbing 2.38%.