Polish equity market closed lower on Tuesday. The broad market benchmark, the WIG Index, lost 0.97%. Except for information technology ( 0.74%) and telecommunication services ( 0.33%), every sector in the WIG Index declined, with materials (-3.83%) lagging behind.
The large-cap stocks' measure, the WIG30 Index, fell by 1.22%. Within the WIG30 Index components, coking coal producer JSW (WSE: JSW) was hit the hardest, retreating by 13.18% after a month-long growth, which took the stock up 60%. Other major laggards included genco TAURON PE (WSE: TPE), bank PKO BP (WSE: PKO) and railway freight transport operator PKP CARGO (WSE: PKP), plunging by 4.21%, 3.46% and 3.34% respectively. On the other side of the ledger, footwear retailer CCC (WSE: CCC) recorded the biggest gain, up 2.35%. It was followed by videogame developer CD PROJEKT (WSE: CDR) and FMCG-wholesaler EUROCASH (WSE: EUR), advancing 2.04 % and 1.94% respectively.