TeleTrade - Analytics

TeleTrade

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The selling moods predominated on Polish equity market on Friday. As a result, the broad market benchmark - the WIG index dropped 0.28% and the large liquid companies measure - the WIG30 index exhibited a greater decline of 0.45%.

The drops in CYFROWY POLSAT (WSE: CPS) and MBANK (WSE: MBK) were the biggest in the WIG30 index, reducing their market capitalization by a respective 2.95% and 2.35%. ING BSK (WSE: ING) and SYNTHOS (WSE: SNS) were also among top fallers, dropping more than 2% each. At the same time, a few stocks managed to hold up better, with LPP (WSE: LPP) generating the biggest gain of 2.59%.

Turning to the performance of the WIG sub-sector indices, the technology-oriented WIG-INFO index outperformed, advancing 0.88%. On the contrary, the worst-performing sub-sector indices were the media sector names' benchmark - the WIG-MEDIA index and the chemical companies' measure - the WIG-CHEMIA index, declining 1.69% and 1.21% respectively.



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