WSE: Session Results

Polish equities closed lower on Tuesday. The broad market measure, the WIG Index, fell by 0.23%. Sector performance within the WIG Index was mixed. Mining sector (-1.14%) fared the worst, while autimobiles (+1.40%) outperformed.

The large-cap stocks' measure, the WIG30 Index, dropped by 0.54%. In the index basket, coking coal miner JSW (WSE: JSW) was the poorest performers, slumping by 4.85%. It was followed by FMCG-wholesaler EUROCASH (WSE: EUR), footwear retailer CCC (WSE: CCC), bank PKO BP (WSE: PKO) and thermal coal miner BOGDANKA (WSE: LWB), tumbling between 1.7% and 2.21% respectively. On the plus side, oil refiner PKN ORLEN (WSE: PKN) topped the outperformers with a gain of 0.78% despite the report the stock suffered a recommendation cut to 'Hold', with target price maintained at PLN 88.5 by analysts of one of Poland's leading brokerage house. Other largest advancers were chemical producer SYNTHOS (WSE: SNS), clothing retailer LPP (WSE: LPP), property developer GTC (WSE: GTC) and railway freight transport operator PKP CARGO (WSE: PKP), returning between 0.55% and 0.78%.