Poland's stock market finished the trading day in negative territory on Tuesday, as sector-level declines in Basic Materials, Energy and Information Technology helped drive a slide in the headline gauge.
At the close in Warsaw, the WIG30 index was down 0.55%.
Among WIG30 constituents, Jastrzebska Spotka Weglowa SA (WA:JSW) recorded the largest gain for the session, rising 6.60% - or 2.15 points - to finish at 34.75. X Trade Brokers Dom Maklerski SA (WA:XTB) added 3.08% - or 2.95 points - to close at 98.65, while Bank Millennium SA (WA:MILP) advanced 1.72% - or 0.29 points - to end the day at 17.14.
On the downside, MODIVO SA (WA:MDVP) led losses on the WIG30, falling 7.31% - or 6.70 points - to a close of 84.90. LPP SA (WA:LPPP) declined 2.76% - or 630.00 points - to 22,160.00, and KGHM Polska Miedz SA (WA:KGH) fell 2.57% - or 7.30 points - to 277.20.
Broader market breadth was negative: declining issues outnumbered advancers on the Warsaw Stock Exchange by 330 to 235, with 99 shares finishing unchanged.
Two notable single-stock developments were recorded during the session. Shares of MODIVO SA (WA:MDVP) fell to 52-week lows, losing 7.31% to 84.90 at the close. Conversely, shares of X Trade Brokers Dom Maklerski SA (WA:XTB) rose to all-time highs, gaining 3.08% to finish at 98.65.
Commodities saw mixed moves. Crude oil for May delivery rose 3.33% - or 3.74 - to $116.15 a barrel. Brent oil for June delivery increased 0.70% - or 0.77 - to $110.54 a barrel. The June Gold Futures contract fell 0.28% - or 13.30 - to trade at $4,671.40 a troy ounce.
In foreign-exchange trading, the euro was firmer against the zloty, with EUR/PLN up 0.27% to 4.28. USD/PLN was unchanged at 3.70, showing a 0.00% move. The US Dollar Index Futures was down 0.08% at 99.72.
Market snapshot
- WIG30: -0.55% at close
- Top gainers: JSW (+6.60%), XTB (+3.08%), MILP (+1.72%)
- Top losers: MDVP (-7.31%), LPPP (-2.76%), KGH (-2.57%)
- Market breadth: 330 decliners, 235 advancers, 99 unchanged
Summary takeaways
- Sector weakness in Basic Materials, Energy and Information Technology contributed to the overall decline in the WIG30.
- Individual stock performance was mixed: some names reached new highs while others hit multi-month lows during the session.
- Commodity and FX moves were varied, with U.S. crude showing a strong rise, Brent up modestly, and gold retreating.