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Poland shares higher at close of trade; WIG30 up 0.57%

Published 05/01/2017, 04:10 am
Poland shares higher at close of trade; WIG30 up 0.57%
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Investing.com – Poland equities were higher at the close on Wednesday, as gains in the Oil & Gas, Chemicals and Banking sectors propelled shares higher.

At the close in Warsaw, the WIG30 gained 0.57% to hit a new 52-week high.

The biggest gainers of the session on the WIG30 were Jastrzebska Spotka Weglowa SA (WA:JSW), which rose 4.63% or 2.79 points to trade at 63.00 at the close. ING Bank Śląski SA (WA:INGP) added 3.39% or 5.35 points to end at 163.35 and Eurocash SA (WA:EUR) was up 2.99% or 1.20 points to 41.30 in late trade.

Biggest losers included CCC SA (WA:CCCP), which lost 2.88% or 6.25 points to trade at 210.95 in late trade. Powszechny Zaklad Ubezpieczen SA (WA:PZU) declined 1.83% or 0.62 points to end at 33.22 and Bank Zachodni WBK SA (WA:BZW) shed 1.60% or 5.25 points to 323.15.

Declining stocks outnumbered rising ones by 276 to 269 and 162 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for February delivery was up 1.38% or 0.72 to $53.05 a barrel. Meanwhile, Brent oil for delivery in March rose 1.30% or 0.72 to hit $56.19 a barrel, while the February Gold contract rose 0.34% or 3.95 to trade at $1165.95 a troy ounce.

EUR/PLN was down 0.42% to 4.3690, while USD/PLN fell 1.09% to 4.1709.

The US Dollar Index was down 0.60% at 102.62.

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