Polish equity market closed flat on Thursday. The broad market benchmark, the WIG Index, edged up 0.04%. Sector performance in the WIG Index was mixed. Oil and gas sector (+1.37%) recorded the biggest gains, while telecoms (-0.96%) lagged behind.

The large-cap stocks measure, the WIG30 Index, rose by 0.12%. In the index basket, genco TAURON (WSE: TPE) and bank ALIOR (WSE: ALR) were the best-performing names, advancing by 2.71% and 2.49% respectively. They were followed by oil refiner PKN ORLEN (WSE: PKN) and property developer GTC (WSE: GTC), gaining 1.96% and 1.83% respectively. On the other side of the ledge, clothing retailer LPP (WSE: LPP) demonstrated the worst performance, tumbling by 2.67%. Other major decliners were railway freight transport operator PKP CARGO (WSE: PKP), bank MILLENNIUM (WSE: MIL) and telecommunication services provider ORANGE POLSKA (WSE: OPL), which lost between 1.25% and 1.95%.