Polish equities plunged on Friday on news that Britain voted to leave the European Union in yesterday's referendum. As measured by the WIG Index, the Polish market collapsed by 4.38%. All sectors in the WIG generated negative returns, with construction (-5.29%) and banking sector (-4.88%) underperforming.

The large-cap stocks' measure, the WIG30 Index, tumbled by 4.55%. All index components slumped. Clothing retailer LPP (WSE: LPP) was the weakest performer, dropping by 9.89%. Banking sector names also suffered significantly, with MILLENNIUM (WSE: MIL), MBANK (WSE: MBK), ALIOR (WSE: ALR), ING BSK (WSE: ING) and BZ WBK (WSE: BZW) declining in a range between 5.57% and 9.82%. Other noticeable losses were thermal coal miner BOGDANKA (WSE: LWB), oil refiner LOTOS (WSE: LTS) and genco ENEA (WSE: ENA), which fell by 6.7%, 6.35% and 5.93% respectively.