Poland stocks lower at close of trade; WIG30 down 1.14%

Poland stocks lower at close of trade; WIG30 down 1.14%

Sep 05, 2018

Poland stocks were lower after the close on Wednesday, as losses in the Energy, Food and Construction sectors led shares lower.

At the close in Warsaw, the WIG30 fell 1.14%.

The best performers of the session on the WIG30 were Polski Koncern Naftowy ORLEN SA (WA:PKN), which rose 4.19% or 4.12 points to trade at 102.45 at the close. Meanwhile, Grupa Lotos SA (WA:LTSP) added 0.54% or 0.38 points to end at 70.68 and Asseco Poland SA (WA:ACPP) was up 0.35% or 0.16 points to 45.42 in late trade.

The worst performers of the session were Tauron Polska Energia SA (WA:TPE), which fell 6.35% or 0.120 points to trade at 1.770 at the close. Energa SA (WA:ENGP) declined 5.54% or 0.47 points to end at 8.02 and PGE Polska Grupa Energetyczna SA (WA:PGE) was down 5.22% or 0.47 points to 8.54.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 317 to 147 and 166 ended unchanged.

Shares in Tauron Polska Energia SA (WA:TPE) fell to all time lows; falling 6.35% or 0.120 to 1.770. Shares in Energa SA (WA:ENGP) fell to 52-week lows; falling 5.54% or 0.47 to 8.02. Shares in PGE Polska Grupa Energetyczna SA (WA:PGE) fell to all time lows; falling 5.22% or 0.47 to 8.54.

Crude oil for October delivery was down 1.25% or 0.87 to $69.00 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 0.93% or 0.73 to hit $77.44 a barrel, while the December Gold Futures contract rose 0.28% or 3.30 to trade at $1202.40 a troy ounce.

EUR/PLN was up 0.56% to 4.3339, while USD/PLN rose 0.18% to 3.7279.

The US Dollar Index Futures was down 0.27% at 95.11.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now