Polish equity market edged higher on Tuesday. The broad market measure, the WIG Index, advanced 0.32%. Sector-wise, oil and gas industry (-1.81%), chemicals (-1.49%) and materials (-0.86%) produced the biggest losses. At the same time, banking sector ( 1.72%) fared the best, followed by telecommunications ( 1.14%) and food sector ( 0.61%).
The large-cap companies' indicator, the WIG30 Index, added 0.19%. Within the index components, BZ WBK (WSE: BZW), ING BSK (WSE: ING) and PZU (WSE: PZU) topped the gainers, rebounding by a respective 3.93%, 3.83% and 2.11%. They were followed by ORANGE POLSKA (WSE: OPL), which surged 1.99% as the company's 2Q15 profit beat the analysts' estimates. On the contrary, SYNTHOS (WSE: SNS) lagged with a 3% drop. ENEA (WSE: ENA) and PKN ORLEN (WSE: PKN) also posted notable declines, sliding down 2.75% and 2.03% respectively.