Polish equity market declined on Friday. The broad market measure, the WIG Index, slumped by 0.64%. Sector-wise, materials stocks (-2.91%) lagged behind, while oil and gas names ( 1.13%) were the strongest group.
The large-cap stocks fell by 0.77%, as measured by the WIG30 Index. In the index basket, retailers LPP (WSE: LPP) and CCC (WSE: CCC) led the decliners, tumbling by 6.55% and 3.62% respectively on concerns about sales performance. Other major laggards were KGHM (WSE: KGH), PGE (WSE: PGE) and ENEA (WSE: ENA), plummeting by 2.45%-3.14%. On the other side of the ledger, PGNIG (WSE: PGN) became the biggest gainer with a 2.45% advance, followed ASSECO POLAND (WSE: ACP) and EUROCASH (WSE: EUR), which quotations went up by 1.77% and 1.59% respectively.