Polish equities closed lower on Tuesday. The broad market measure, the WIG Index, declined by 0.64%. Sector performance within the WIG Index was mixed. Media segment (-2.07%) was the weakest group, while telecoms ( 1.16%) outperformed.
Large-cap stocks measure, the WIG30 Index suffered a 0.61% drop. In the index basket, media group CYFROWY POLSAT (WSE: CPS) and oil refiner PKN ORLEN (WSE: PKN) were the sharpest decliners, tumbling by 2.55% and 2.35% respectively. Other biggest laggards were IT-company ASSECO POLAND (WSE: ACP), coking coal producer JSW (WSE: JSW), oil and gas producer PGNIG (WSE: PGN) and FMCG wholesaler EUROCASH (WSE: EUR), plunging by 1.52%-2.14%. On the other side of the ledger, two chemicals names SYNTHOS (WSE: SNS) and GRUPA AZOTY (WSE: ATT), and bank BZ WBK (WSE: BZW) were recorded as the biggest gainers, advancing 2.47%, 1.66% and 1.84% respectively.