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Poland stocks lower at close of trade; WIG30 down 0.92%

Published 05/29/2018, 12:10 PM
Poland stocks lower at close of trade; WIG30 down 0.92%
PKN
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ACPP
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PGE
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PZU
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BUDW
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CHML
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PALI
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ATTP
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TPE
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WIG30
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Investing.com – Poland stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Construction and Chemicals sectors led shares lower.

At the close in Warsaw, the WIG30 declined 0.92% to hit a new 52-week low.

The best performers of the session on the WIG30 were Tauron Polska Energia SA (WA:TPE), which rose 6.97% or 0.140 points to trade at 2.150 at the close. Meanwhile, PGE Polska Grupa Energetyczna SA (WA:PGE) added 5.18% or 0.48 points to end at 9.74 and Asseco Poland SA (WA:ACPP) was up 4.04% or 1.66 points to 42.70 in late trade.

The worst performers of the session were Polski Koncern Naftowy ORLEN SA (WA:PKN), which fell 3.71% or 3.16 points to trade at 82.06 at the close. Grupa Azoty SA (WA:ATTP) declined 3.61% or 1.62 points to end at 43.30 and Powszechny Zaklad Ubezpieczen SA (WA:PZU) was down 3.24% or 1.26 points to 37.67.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 266 to 173 and 196 ended unchanged.

Crude oil for July delivery was down 2.70% or 1.83 to $66.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.76% or 0.57 to hit $74.75 a barrel, while the June Gold Futures contract fell 0.01% or 0.10 to trade at $1303.60 a troy ounce.

EUR/PLN was up 0.36% to 4.3194, while USD/PLN rose 0.95% to 3.7376.

The US Dollar Index Futures was up 0.37% at 94.71.

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