Polish equity market edged higher on Monday. The broad market measure, the WIG Index, added 0.11%. Sector-wise, food sector ( 1.39%) and banks ( 0.70%) fared the best, while materials (-0.68%) produced the biggest losses.
The large-cap companies' measure, the WIG30 Index, ended today's session unchanged. In the index basket, CCC (WSE: CCC) plunged by 3.37% after the company reported its monthly sales rose by11.9% y/y in July, which is lower compared to the analogical indicators for April-June (22%-27% y/y). Other major decliners included ALIOR (WSE: ALR), JSW (WSE: JSW), BOGDANKA (WSE: LWB), LOTOS (WSE: LTS) and PZU (WSE: PZU), losing 1.08%-1.94%. On the other side of the ledger, banking names PEKAO (WSE: PEO), PKO BP (WSE: PKO) and ING BSK (WSE: ING), as well as oil&gas stock PGNIG (WSE: PGN) led advancers, gaining 1.59%-1.92%.