Polish equity market closed lower on Wednesday. The broad market measure, the WIG Index, slid down 0.11%. Sector-wise, utilities ( 1.24%) and banks ( 1.06%) were the only sectors, which posted positive results. At the same time, materials (-4.61%) recorded the sharpest drop.
The large-cap stocks' measure, the WIG30 Index, edged down 0.06%. Within the WIG30 Index components, JSW (WSE: JSW) was hit the hardest, tumbling 6.45% after the company announced it would take a PLN 211.2 mln writedown on one of its coal mines. It was followed by CCC (WSE: CCC), BOGDANKA (WSE: LWB), KGHM (WSE: KGH) and KERNEL (WSE: KER), declining by 3.83%-6.12%. On the plus side, ENERGA (WSE: ENG) was the standout performer of the day, skyrocketing by 7.48%.