Polish equity market closed lower on Thursday. The broad market measure, the WIG Index, posted a 0.66% drop. Within the index performance was mixed, with chemicals ( 3.31%) outperforming and food sector (-1.53%) lagging.
The large-cap stocks' measure, the WIG30 Index, fell by 0.62%. Insurer PZU (WSE: PZU) was the index's sharpest decliner, tumbling by 3.45% on news that Poland's parliamentarians returned to discussion on whether to impose an asset tax on insurers as well as banks. It was followed by banking name PKO BP (WSE: PKO) and agricultural company KERNEL (WSE: KER), losing 2.63% and 2.31% respectively. On the other side of the ledger, chemical producer GRUPA AZOTY (WSE: ATT) gained the most, up 6.92%, erasing losses from two days earlier.