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Poland stocks lower at close of trade; WIG30 down 2.47%

Published 07/08/2015, 02:10 am
Poland stocks lower at close of trade; WIG30 down 2.47%

Investing.com – Poland stocks were lower after the close on Thursday, as losses in the Banking, Basic Materials and Energy sectors led shares lower.

At the close in Warsaw, the WIG30 declined 2.47%.

The best performers of the session on the WIG30 were Polski Koncern Naftowy ORLEN SA (WA:PKN), which rose 3.75% or 2.97 points to trade at 82.16 at the close. Meanwhile, Kernel Holding SA (WA:KER) added 0.90% or 0.40 points to end at 44.79 and Asseco Poland SA (WA:ACPP) was up 0.50% or 0.29 points to 57.89 in late trade.

The worst performers of the session were mBank SA (WA:MBK), which fell 7.79% or 29.15 points to trade at 344.90 at the close. PKO Bank Polski SA (WA:PKO) declined 7.32% or 2.18 points to end at 27.61 and Bank Zachodni WBK SA (WA:BZW) was down 6.66% or 20.30 points to 284.50.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 345 to 180 and 120 ended unchanged.

Shares in Polski Koncern Naftowy ORLEN SA (WA:PKN) rose to all time highs; rising 3.75% or 2.97 to 82.16. Shares in mBank SA (WA:MBK) fell to 52-week lows; losing 7.79% or 29.15 to 344.90. Shares in Kernel Holding SA (WA:KER) rose to 52-week highs; up 0.90% or 0.40 to 44.79. Shares in PKO Bank Polski SA (WA:PKO) fell to 5-year lows; losing 7.32% or 2.18 to 27.61.

Crude oil for September delivery was down 1.79% or 0.81 to $44.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.04% or 0.52 to hit $49.08 a barrel, while the December Gold contract rose 0.40% or 4.30 to trade at $1089.90 a troy ounce.

EUR/PLN was up 0.58% to 4.1992, while USD/PLN rose 0.33% to 3.8406.

The US Dollar Index was down 0.13% at 97.84.

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