Polish equity market ended Thursday on an optimistic note. The broad measure, the WIG index, recorded a 0.38% uptick. Sector-wise, oil & gas sector became the best performer, gaining 3.18%. On the contrary, utilities sector was the biggest laggard, losing 1.49%.
The large-cap stocks advanced 0.46%, as measured by the WIG30 Index. Banking name BZ WBK (WSE: BZW) led the way up, rising 4.33%. It was followed by oil & gas stocks PKN ORLEN (WSE: PKN) and PGNIG (WSE: PGN), adding 3.70% and 3.16% respectively. On the other side of the ledger, JSW (WSE: JSW) posted the sharpest decline, down 5.24 %. The fact the company's management stated it is not currently planning a share issue didn't save its stock from collapse. The other notable losers were PGE (WSE: PGE) and MBANK (WSE: MBK), slumping 2.78% and 2.70% respectively.