Polish equity market closed higher on Friday. The broad market benchmark, the WIG Index, added 0.79%. Except for media sector (-0.82%) and construction sector (-1.38%), every sector in the WIG Index rose, with utilities ( 3.27%) outperforming.
The large-cap stocks' measure, the WIG30 Index, grew by 0.88%. In the index basket, genco PGE (WSE: PGE) and oil and gas company PGNIG (WSE: PGN) recorded the strongest daily performance, gaining 4.62% and 3.21% respectively. Other biggest advancers were oil refiner PKN ORLEN (WSE: PKN), bank ING BSK (WSE: ING), genco ENERGA (WSE: ENG) and agricultural producer KERNEL (WSE: KER), jumping by 2.64%-2.97%. At the same time, railway freight transport operator PKP CARGO (WSE: PKP) was hit the hardest, tumbling by 8.53% on the back of the news the company has no plans to pay dividend for FY2015.