Polish equity market continued to decline on Friday. The broad market measure, the WIG index, lost 0.69%. Sector-wise, telecommunications sector (-2.99%) was the weakest, while technology ( 0.45%) outperformed.
The large-cap stocks' measure, the WIG30 Index, declined by 1.34%. Within the WIG30 Index components, JSW (WSE: JSW) fared the worst, slumping 5.62%. It was followed by BZ WBK (WSE: BZW), which lost 3.93%, paring its yesterday's gains. ORANGE POLSKA (WSE: OPL) also generated solid losses, sliding down 3.26%. On the other side of the ledger, GTC (WSE: GTC) managed to record the best daily result, advancing 5.83%. ALIOR (WSE: ALR) climbed 3.67% on the CEO's statement the further mergers with PZU (WSE: PZU; -1.67%) may help the bank to keep fast net profit growth rate over next 3-4 years.