Poland shares lower at close of trade; WIG30 down 2.25%

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

At the close in Warsaw, the WIG30 declined 2.25% to hit a new 1-month low.

The biggest gainers of the session on the WIG30 were Allegro (WA:ALEP), which rose 0.87% or 0.31 points to trade at 35.84 at the close. Eurocash SA (WA:EUR) added 0.46% or 0.04 points to end at 8.65 and Grupa Azoty SA (WA:ATTP) was unchanged 0.00% or 0.00 points to 20.78 in late trade.

Biggest losers included BUDIMEX SA (WA:BDXP), which lost 7.69% or 42.50 points to trade at 510.50 in late trade. mBank (WA:MBK) declined 4.93% or 29.40 points to end at 567.00 and Santander Bank Polska SA (WA:SPL1) shed 4.37% or 21.00 points to 459.80.

Declining stocks outnumbered rising ones by 312 to 196 and 97 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.96% or 1.32 to $68.53 a barrel. Meanwhile, Brent oil for delivery in January rose 1.94% or 1.37 to hit $72.10 a barrel, while the December Gold Futures contract rose 0.59% or 16.30 to trade at $2,797.40 a troy ounce.

EUR/PLN was up 0.40% to 4.35, while USD/PLN unchanged 0.00% to 4.01.

The US Dollar Index Futures was down 0.29% at 103.89.