Stocks report: Mid-caps gain big

On the other end was blue-chip WIG20, which was down by more than 1.2 percent, while the overall index, the WIG, was unchanged.

Trading was rather slow in particular sessions, and investors were focused on companies which reported their financial results. Generally earnings are above the analysts' consensus, but only a few companies really moved investors with their numbers. For sure Dębica (a tire maker which is largely owned by Goodyear), was the best example. Its bottom line beat the most optimistic expectations by nearly double. The stock price surged by more than 22 percent on very heavy volume, which suggests further gains in the coming days.

Also, Jutrzenka rose sharply due to its release of financial data. Stalexport was up sharply as well, but that was due EGM's decision to approve a new share issue to Italian Autostrade.

On the other end were media and banks, which contributed significantly to the WIG20's fall. Agora and TVN lost more than seven and four percent respectively, but it is hard to link those drops with any particular news.

Tomasz Jerzyk,

technical analyst DM BZ WBK SA