Polish equity market closed higher on Wednesday. The broad market measure, the WIG index, rose by 0.87%. Sector performance within the WIG was mainly positive as nine sectors recorded advances, with telecoms (+3.31%) outpacing.
The large-cap stocks grew by 1.12%, as measured by the WIG30 Index. A majority of the index components returned gains. The advancers pack was led by oil and gas producer PGNIG (WSE: PGN), with gains of 5.32%, followed by chemical producer GRUPA AZOTY (WSE: ATT), bank MILLENNIUM (WSE: MIL) and telecommunication services provider ORANGE POLSKA (WSE: OPL), which surged by 4.04%, 3.92% and 3.45% respectively. On the contrary, gencos ENEA (WSE: ENA) and TAURON PE (WSE: TPE), as well as videogame developer CD PROJEKT (WSE: CDR) were the weakest performers, retreating by 2.11%, 1.12% and 1.12% respectively. Other losers were chemical producer SYNTHOS (WSE: SNS) and thermal coal producer BOGDANKA (WSE: LWB), dropping by 0.45% and 0.42% respectively.