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WSE: Session Results
Polish equity market closed higher on Monday. The broad market measure, the WIG index, added 016%. Sector performance in the WIG Index was mixed. Construction sector (-0.75%) suffered the biggest loss, while food sector (+1.53%) fared the best.
The large-cap stocks' measure, the WIG30 Index, advanced 0.23%. Coking coal producer JSW (WSE: JSW) kept its position as a growth leader among the large-cap stocks, gaining 5.24%. It was announced that the company would receive about PLN 300-400 mln ($79-105 mln) in state funding to restructure its coal mines. Clothing retailer LPP (WSE: LPP) emerged as the second best-performing stock, adding 3.01% on the back of strong sales report for April. Other major advancers were agricultural producer KERNEL (WSE: KER), oil refiner LOTOS (WSE: LTS) and thermal coal miner BOGDANKA (WSE: LWB), surging by 2.86%, 2.76% and 2.63% respectively. On the other side of the ledger, chemical producer SYNTHOS (WSE: SNS) and copper producer KGHM (WSE: KGH) tumbled the most, down 1.47% and 1.43% respectively.
The Warsaw Stock Exchange will be closed on Tuesday, May 3, due to celebration of Polish Constitution Day (Święto Konstytucji 3 Maja or Święto Narodowe Trzeciego Maja).
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