WSE: Session Results

Polish equity market closed higher on Friday. The broad market measure, the WIG Index, added 0.18%. Sector-wise, food stocks (+2.50%) outperformed, while clothes sector names (-0.81%) lagged behind.

The large-cap stocks' measure, the WIG30 Index, rose by 0.13%. Within the index components, agricultural producer KERNEL (WSE: KER) led the gainers, jumping by 4.22 % as the stock continued to benefit from the announcement the company has successfully placed Eurobonds worth $500 mln this week. It was the first Ukraine's corporate bond issuance since a 2013-14 uprising and separatist conflict plunged the country into economic crisis. Other largest advancers were bank MBANK (WSE: MBK), copper producer KGHM (WSE: KGH), oil refiner PKN ORLEN (WSE: PKN), IT-company ASSECO POLAND (WSE: ACP) and genco PGE (WSE: PGE), adding between 1% and 2.77%. On the other side of the ledger, coking coal miner JSW (WSE: JSW) was the biggest loser, tumbling by 2.94% after significant gains earlier this week. It was followed by bank BZ WBK (WSE: BZW), genco ENEA (WSE: ENA) and thermal coal miner BOGDANKA (WSE: LWB), which fell by 2.49%, 2.26% and 2.09% respectively.