Polish equity market surged on Wednesday. The broad market measure, the WIG Index, added 0.91%. Except for developing sector (-0.13%) and telecoms (-0.42%), every sector in the WIG Index rose, with materials (+1.93%) outperforming.

The large-cap stocks' benchmark, the WIG30 Index, grew by 1.06%. There were only six decliners among the index components: genco TAURON PE (WSE: TPE), IT-company ASSECO POLAND (WSE: ACP), bank ALIOR (WSE: ALR), telecommunication services provider ORANGE POLSKA (WSE: OPL), FMCG-wholesaler EUROCASH (WSE: EUR) and property developer GTC (WSE: GTC) lost between 0.29% and 1.49%. On the plus side, railway freight transport operator PKP CARGO (WSE: PKP) continued its strong run, gaining a further 10.94%. It was followed by genco ENERGA (WSE: ENG), oil and gas producer PGNIG (WSE: PGN) and bank MILLENNIUM (WSE: MIL), advancing by 3.57%, 2.96% and 2.53% respectively.

The Warsaw Stock Exchange will be closed on Thursday, May 26, due to celebration of Corpus Christi Day in Poland.