Polish equity market closed lower on Thursday. The broad market measure, the WIG Index, fell by 2.22%. All sectors in the WIG Index were down. Materials (-5.93%) fared the worst, followed by utilities (-3.77%) and IT sector (-2.71%).
The large-cap stocks' measure, the WIG30 Index, dropped by 2.52%. Property developer GTC (WSE: GTC) and oil refiner PKN ORLEN (WSE: PKN) were the only gainers among the WIG30 Index components, advancing 2.1% and 0.11% respectively. At the same time, copper producer KGHM (WSE: KGH) recorded the biggest daily decline, slumping 6.41% on concerns over future demand for copper from China, the world's largest consumer of the metal. Other most prominent losers were retailers CCC (WSE: CCC) and LPP (WSE: LPP), videogame developer CD PROJEKT (WSE: CDR) and genco PGE (WSE: PGE), tumbling by 4.52%-5.76%.