Poland shares lower at close of trade; WIG30 down 2.38%

Investing.com – Poland equities were lower at the close on Thursday, as losses in the Banking, Chemicals and Basic Materials sectors propelled shares lower.

At the close in Warsaw, the WIG30 fell 2.38%.

The biggest gainers of the session on the WIG30 were Tauron Polska Energia SA (WA:TPE), which fell 0.53% or 0.02 points to trade at 3.39 at the close. Benefit Systems SA (WA:BFT) fell 0.58% or 15.00 points to end at 2,580.00 and Cyfrowy Polsat SA (WA:CPS) was down 1.09% or 0.14 points to 12.28 in late trade.

Biggest losers included Eurocash SA (WA:EUR), which lost 7.49% or 0.75 points to trade at 9.26 in late trade. Jastrzebska Spotka Weglowa SA (WA:JSW) declined 4.33% or 1.20 points to end at 26.50 and Grupa Azoty SA (WA:ATTP) shed 4.24% or 0.84 points to 18.96.

Declining stocks outnumbered rising ones by 334 to 167 and 106 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for November delivery was unchanged 0.00% or 0.00 to $70.39 a barrel. Meanwhile, Brent oil for delivery in December fell 0.12% or 0.09 to hit $74.13 a barrel, while the December Gold Futures contract rose 0.67% or 18.15 to trade at $2,709.45 a troy ounce.

EUR/PLN was up 0.51% to 4.32, while USD/PLN rose 0.73% to 3.98.

The US Dollar Index Futures was up 0.11% at 103.51.