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WSE: Session Results
Polish equity market surged on Monday. The broad market measure, the WIG index, rose by 1.28%. Sector performance within the WIG Index was mixed. Oil and gas (+3.87%) fared the best, while media (-1.32%).fell the most.
The large-cap stocks' measure, the WIG30 Index, gained 1.68%. In the index basket, clothing retailer LPP (WSE: LPP) and chemical producer SYNTHOS (WSE: SNS) were the biggest advancers, climbing by 9.35% and 8.1% respectively. The latter was helped by the announcement the company's management decided to offer PLN 701.3 mln advance dividend from 2016 profit (or PLN 0.53 per share). Other noticeable risers were agricultural producer KERNEL (WSE: KER), footwear retailer CCC (WSE: CCC) and two oil refiners LOTOS (WSE: LTS) and PKN ORLEN (WSE: PKN), which added between 3.44% and 5.62%. On the other side of the ledger, banking names PEKAO (WSE: PEO) and BZ WBK (WSE: BZW) led the decliners, dropping by 1.35% and 1.15% respectively. They were followed by media group CYFROWY POLSAT (WSE: CPS), coking coal miner JSW (WSE: JSW) and bank MILLENNIUM (WSE: MIL), which dropped by 0.97%, 0.84% and 0.77% respectively.
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