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Poland stocks lower at close of trade; WIG30 down 0.60%

Published 05/07/2018, 12:10 PM
Updated 05/07/2018, 12:15 PM
Poland stocks lower at close of trade; WIG30 down 0.60%

Poland stocks lower at close of trade; WIG30 down 0.60%

Investing.com – Poland stocks were lower after the close on Monday, as losses in the Oil & Gas, Banking and Construction sectors led shares lower.

At the close in Warsaw, the WIG30 declined 0.60% to hit a new 1-month low.

The best performers of the session on the WIG30 were CD Projekt SA (WA:CDR), which rose 2.48% or 3.10 points to trade at 128.00 at the close. Meanwhile, Grupa Azoty SA (WA:ATTP) added 2.29% or 1.15 points to end at 51.30 and Jastrzebska Spotka Weglowa SA (WA:JSW) was up 2.04% or 1.60 points to 80.02 in late trade.

The worst performers of the session were Eurocash SA (WA:EUR), which fell 2.63% or 0.64 points to trade at 23.65 at the close. Polski Koncern Naftowy ORLEN SA (WA:PKN) declined 2.53% or 2.13 points to end at 81.98 and Powszechny Zaklad Ubezpieczen SA (WA:PZU) was down 1.93% or 0.80 points to 40.65.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 245 to 187 and 180 ended unchanged.

Shares in CD Projekt SA (WA:CDR) rose to all time highs; rising 2.48% or 3.10 to 128.00. Shares in Polski Koncern Naftowy ORLEN SA (WA:PKN) fell to 52-week lows; falling 2.53% or 2.13 to 81.98. Shares in Powszechny Zaklad Ubezpieczen SA (WA:PZU) fell to 52-week lows; falling 1.93% or 0.80 to 40.65.

Crude oil for June delivery was up 1.23% or 0.86 to $70.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.68% or 1.26 to hit $76.13 a barrel, while the June Gold Futures contract fell 0.05% or 0.70 to trade at $1314.00 a troy ounce.

EUR/PLN was up 0.28% to 4.2618, while USD/PLN rose 0.57% to 3.5735.

The US Dollar Index Futures was up 0.16% at 92.57.

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