On Thursday, the Polish stock market concluded the trading session with positive momentum, as the WIG30 index advanced 2.33%, setting a fresh record high. This surge was primarily propelled by strong performances in the Oil & Gas, Banking, and Energy sectors, which pushed shares upward across the board.
Within the WIG30, Polski Koncern Naftowy ORLEN SA stood out as the top gainer, increasing 6.12% or 6.05 points to close at 104.98. The stock reached a five-year peak during the session, reflecting considerable investor interest. In the banking sector, Bank Polska Kasa Opieki SA saw its shares rise by 4.01%, adding 8.30 points to finish at 215.50. Benefit Systems SA also experienced a significant boost, climbing 3.93% or 145.00 points, reaching an all-time high closing price of 3,835.00.
Conversely, some companies faced downward pressure. KGHM Polska Miedz SA shares dropped 2.00%, declining 6.40 points to settle at 313.50. CCC SA decreased 1.84%, or 2.50 points, closing at 133.50, while Synektik's share price eased by 0.73%, losing 2.20 points to 297.60.
Overall market breadth on the Warsaw Stock Exchange was positive, with 332 stocks advancing compared to 207 declining, and 106 remaining unchanged, indicating broad-based strength in Polish equities during this trading session.
In the commodities market, crude oil futures for March delivery slipped 1.77% or $1.07 per barrel, ending at $59.55. Similarly, Brent oil for March delivery declined 1.69%, finishing at $64.14 per barrel. Meanwhile, February gold futures exhibited resilience, rising 0.90% or $43.61 to trade at $4,881.11 per troy ounce.
Currency movements reflected slight weakness in the Polish zloty, as EUR/PLN edged down 0.20% to 4.20, and USD/PLN decreased 0.70% to close at 3.58. The US Dollar Index Futures edged lower by 0.39% to 98.18, suggesting modest dollar softness impacting exchange rates.