Polish equity market retreated on Friday, with the broad market measure, the WIG Index, sliding 0.56%.Sector-wise, utilities (-1.35%) fared the worst, while telecommunication sector ( 0.45%) was the strongest group.
The large-cap stocks' measure, the WIG30 Index, fell 0.73%. Within the Index components, PGNIG (WSE: PGN) was the sharpest decliner, losing 4.78% on prospects of gas price cuts. Other major laggards included PGE (WSE: PGE), PKO BP (WSE: PKO) and ENERGA (WSE: ENG), dropping a respective 2.37%, 2.3% and 2.1%. On the other side of the ledger, BOGDANKA (WSE: LWB) added 1.71% and became the session best performer, followed by HANDLOWY (WSE: BHW) and PKN ORLEN (WSE: PKN), which gained 1.2% and 1.19% respectively.