TeleTrade - Analytics

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    Polish equity market continued to retreat on Wednesday. The broad market benchmark - the WIG index edged down 0.07%, while the large liquid companies measure - the WIG30 index lost 0.11%.

    Among the WIG30 index components, financials name BZ WBK (WSE: BZW) lagged, declining 4.33% on news the EBRD sold its 0.5%-stake in the bank with a discount to the market price. It was followed by GRUPA AZOTY (WSE: ATT) and ENERGA (WSE: ENG), sliding 3.10% and 2.72% respectively. On the contrary, JSW (WSE: JSW) became the biggest gainer, posting a 5% growth. SYNTHOS (WSE: SNS), CYFROWY POLSAT (WSE: CPS) and ASSECO POLAND (WSE: ACP) also were on upstream, advancing 2.55%, 1.94% and 1.90% respectively.

    The WIG sub-sector indices were mixed. The chemicals names measure - the WIG-CHEMIA index (-0.72%) was the worst performer, while the media companies benchmark - the WIG-MEDIA index ( 0.92%) added the most.


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