Domestic investors took a look abroad and decided that this time they would follow other major markets, all of which took a drop yesterday.
The WIG20 lost 1.2 percent to fall to 1,312 points whilst the WIG lost 0.6 percent to fall to 14,565 points.
Pessimism was due to a report by Goldman Sachs on European company earnings for next year and then came an OECD report on the braking of economic growth from a forecast 2.8 percent to one percent.
Telecommunications stock fell in value with TPSA and Elektrim dropping the most. This could be a correction of large increases noted in the past five weeks. Furthermore investors in TPSA were worried by a fine likely to be imposed by telecommunications watchdog URT of up to PLN400m.
For comparison, yesterday the FTSE fell 0.6 percent, the CAC40 lost 1.6 percent and the DAX plunged 1.9 percent.