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Poland shares lower at close of trade; WIG30 down 1.85%

Published 24/05/2018, 02:10 am
Poland shares lower at close of trade; WIG30 down 1.85%
PEO
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CPS
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PGE
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CHML
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ENER
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GORN
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KRU
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TPE
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WIG30
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ENGP
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Investing.com – Poland equities were lower at the close on Wednesday, as losses in the Energy, Chemicals and Basic Materials sectors propelled shares lower.

At the close in Warsaw, the WIG30 fell 1.85% to hit a new 52-week low.

The biggest gainers of the session on the WIG30 were Cyfrowy Polsat SA (WA:CPS), which rose 0.96% or 0.24 points to trade at 25.14 at the close. Bank Polska Kasa Opieki SA (WA:PEO) added 0.29% or 0.33 points to end at 114.58 and Kruk SA (WA:KRU) was up 0.09% or 0.20 points to 228.40 in late trade.

Biggest losers included Energa SA (WA:ENGP), which lost 6.84% or 0.67 points to trade at 9.13 in late trade. PGE Polska Grupa Energetyczna SA (WA:PGE) declined 6.81% or 0.69 points to end at 9.44 and Tauron Polska Energia SA (WA:TPE) shed 6.51% or 0.140 points to 2.010.

Declining stocks outnumbered rising ones by 296 to 159 and 168 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.62% or 0.45 to $71.75 a barrel. Meanwhile, Brent oil for delivery in July fell 0.44% or 0.35 to hit $79.22 a barrel, while the June Gold Futures contract fell 0.03% or 0.40 to trade at $1291.60 a troy ounce.

EUR/PLN was up 0.39% to 4.3003, while USD/PLN rose 1.01% to 3.6736.

The US Dollar Index Futures was up 0.42% at 93.90.

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