TeleTrade - Analytics

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    Polish equity market appreciated on Tuesday. The broad market benchmark - the WIG index inched up 0.07%, while the large liquid companies' indicator - the WIG30 index rose 0.18%.

    Among the WIG30 index components LPP (WSE: LPP) topped the list of outperformers with a 4.03% increase as the company reported stronger-than-expected first-quarter results. In addition, ENERGA (WSE: ENG) recorded a noticeable increase, rebounding by 1.61% after five straight days of declines. On the other side of the ledger, EUROCASH (WSE: EUR) posted the largest decline, down 3.60%. Besides, the sellers were active in KERNEL (WSE: KER), HANDLOWY (WSE: BHW) and BZ WBK (WSE: BZW), which closed down a respective 1.53%, 1.47% and 1.23%.

    Among the WIG sub-sector indices the measure representing the performance of the stocks from the food industry - the WIG-SPOZYW index recorded the worst result, declining 0.59 %. It was followed by the chemical industry's indicator - the WIG-CHEMIA index, which lost 0.47% as the market participants took profits in the names from the sector after gains in the previous two trading sessions. On the contrary, the IT-companies' benchmark - the WIG-INFO showed the biggest rise, up 1.19%.


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