Polish equities declined on Tuesday. The broad market benchmark, the WIG Index, lost 0.39%. Most sectors fell, with banking sector stocks (-0.62%) posting the sharpest decline.
The large-cap stocks' measure, the WIG30 Index, dropped by 0.46%. Within the index components, banking sector names HNDLOWY (WSE: BHW), ALIOR (WSE: ALR) and ING BSK (WSE: ING) recorded the biggest losses of 2.04%-2.54%. Other major laggards were oil and gas company PGNIG (WSE: PGN), thermal coal miner BOGDANKA (WSE: LWB) and chemical producer GRUPA AZOTY (WSE: ATT), declining by 1.78%, 1.53% and 1.49% respectively. On the other side of the ledger, genco TAURON PE (WSE: TPE) led the gainers with a 1.48% advance, followed by FMCG-wholesaler EUROCASH (WSE: EUR) and railway freight transport operator PKP CARGO (WSE: PKP), each adding 0.89%.
Beyond the WIG30 Index, power industry company KOGERENCJA SA (WSE: KGN) soared by 5.29% after the publication of the company's annual financial report.