Polish equity market continued its upward surge on Friday. The broad market measure, the WIG index, rose by 1.20%. Almost all sectors in the WIG generated positive returns. The exception were informational technology sector (-1.99%) and oil and gas industry (-1.24%). At the same time, chemicals ( 3.69%) and materials ( 3.43%) were the best-performers.
The large-cap stocks' measure, the WIG30 Index, grew by 1.40%. Only five index constituents generated losses. PKN ORLEN (WSE: PKN) and PGE (WSE: PGE) were the biggest decliners, slumping 4.07% and 1.35% respectively. ASSECO POLAND (WSE: ACP) dropped by 0.67% on worse-than-expected quarterly results. TVN (WSE: TVN) and LOTOS (WSE: LTS) fell by 0.60% and 0.03% respectively. On the plus side, BOGDANKA (WSE: LWB) continued its impressive run, advancing 13.76%. It was followed by JSW (WSE: JSW), which added 7.55%. ENEA (WSE: ENA) gained 6.59% on the management's statement that the company is not considering investment in the troubled coal miner Kompania Weglowa.