Poland shares higher at close of trade; WIG30 up 0.82%

Investing.com – Poland equities were higher at the close on Thursday, as gains in the Basic Materials, Banking and Developers sectors propelled shares higher.

At the close in Warsaw, the WIG30 gained 0.82%.

The biggest gainers of the session on the WIG30 were Alior Bank SA (WA:ALRR), which rose 5.45% or 5.04 points to trade at 97.58 at the close. KGHM Polska Miedz SA (WA:KGH) added 4.90% or 7.65 points to end at 163.70 and LPP SA (WA:LPPP) was up 4.33% or 650.00 points to 15,660.00 in late trade.

Biggest losers included Cyfrowy Polsat SA (WA:CPS), which lost 7.57% or 1.05 points to trade at 12.76 in late trade. Polski Koncern Naftowy ORLEN SA (WA:PKN) declined 2.83% or 1.62 points to end at 55.54 and Grupa Azoty SA (WA:ATTP) shed 2.50% or 0.50 points to 19.50.

Declining stocks outnumbered rising ones by 264 to 237 and 101 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for November delivery was down 2.38% or 1.66 to $68.03 a barrel. Meanwhile, Brent oil for delivery in December fell 2.09% or 1.52 to hit $71.38 a barrel, while the December Gold Futures contract rose 0.37% or 9.80 to trade at $2,694.50 a troy ounce.

EUR/PLN was up 0.23% to 4.28, while USD/PLN fell 0.22% to 3.82.

The US Dollar Index Futures was down 0.40% at 100.22.