Polish equity market enjoyed a strong run on Wednesday. The broad market measure, the WIG Index, surged by 3.05%. All sectors in the WIG gained, with materials ( 6.08%) outperforming.
The large-cap stocks' measure, the WIG30 Index, advanced 3.65%. A majority of the Index components returned gains, with the way up led by banking name BZ WBK (WSE: BZW), jumping by 7.66%. It was followed by oil refiner PKN ORLEN (WSE: PKN), chemical producer GRUPA AZOTY (WSE: ATT) and copper producer KGHM (WSE: KGH), climbing by 6.76%, 6.74% and 6.67% respectively. On the other side of the ledger, thermal coal miner BOGDANKA (WSE: LWB) and two gencos TAURON PE (WSE: TPE) and ENERGA (WSE: ENG) were the only decliners, falling by 0.92%, 0.75% and 0.36% respectively.