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Poland stocks lower at close of trade; WIG30 down 0.19%

Published 10/17/2016, 12:10 PM
© Reuters.  Poland stocks lower at close of trade; WIG30 down 0.19%
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Investing.com – Poland stocks were lower after the close on Monday, as losses in the Basic Materials, Oil & Gas and Telecoms sectors led shares lower.

At the close in Warsaw, the WIG30 declined 0.19%.

The best performers of the session on the WIG30 were Powszechny Zaklad Ubezpieczen SA (WA:PZU), which rose 2.37% or 0.59 points to trade at 25.51 at the close. Meanwhile, Jastrzebska Spotka Weglowa SA (WA:JSW) added 2.24% or 1.51 points to end at 69.01 and Lubelski Wegiel Bogdanka SA (WA:LWBP) was up 1.67% or 1.05 points to 64.05 in late trade.

The worst performers of the session were KGHM Polska Miedz SA (WA:KGH), which fell 3.28% or 2.30 points to trade at 67.84 at the close. mBank SA (WA:MBK) declined 3.18% or 10.90 points to end at 332.10 and OrangePL (WA:OPL) was down 2.58% or 0.15 points to 5.67.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 293 to 236 and 176 ended unchanged.

Shares in Jastrzebska Spotka Weglowa SA (WA:JSW) rose to 52-week highs; up 2.24% or 1.51 to 69.01. Shares in Lubelski Wegiel Bogdanka SA (WA:LWBP) rose to 52-week highs; gaining 1.67% or 1.05 to 64.05.

Crude oil for November delivery was down 1.27% or 0.64 to $49.71 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.15% or 0.60 to hit $51.35 a barrel, while the December Gold contract rose 0.05% or 0.65 to trade at $1256.15 a troy ounce.

EUR/PLN was up 0.20% to 4.3222, while USD/PLN fell 0.01% to 3.9303.

The US Dollar Index was down 0.19% at 97.89.

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