Poland's equity market ended Tuesday with losses, as sector-level declines in Basic Materials, Energy and Construction pushed the main index lower.
At the close of trading in Warsaw, the WIG30 index registered a decline of 0.78%.
The session's strongest performers among WIG30 components included Jastrzebska Spotka Weglowa SA (WA:JSW), which advanced 8.03% - gaining 2.16 points to finish at 29.06. Banking names also posted gains: Bank Millennium SA (WA:MILP) climbed 2.83% or 0.50 points to end the session at 18.17, while Alior Bank SA (WA:ALRR) rose 1.69% - up 2.05 points to close at 123.00.
On the downside, KGHM Polska Miedz SA (WA:KGH) was the weakest WIG30 stock, sliding 4.10% or 12.80 points to close at 299.20. Dino Polska SA (WA:DNP) dropped 3.73% - a fall of 1.25 points to 32.25, and Enea SA (WA:ENAE) declined 3.37% or 0.76 points to finish at 21.82.
Market breadth in Warsaw favored decliners: 334 stocks fell versus 199 that advanced, and 109 issues finished unchanged.
Shares of Dino Polska SA (WA:DNP) moved to fresh 52-week lows, slipping 3.73% to 32.25, the stock’s lowest closing level over the past year.
Commodities and currencies saw notable moves as markets closed. On the crude front, June delivery West Texas Intermediate rose 3.40%, gaining $3.28 to trade at $99.65 a barrel. Brent crude for July delivery increased 2.53%, up $2.57 to $104.26 a barrel. In metals, the June Gold Futures contract fell 2.31%, a decline of $108.61 to trade at $4,585.09 a troy ounce.
In foreign exchange, EUR/PLN was essentially flat, changing by 0.10% to 4.25, while USD/PLN moved 0.20% higher to 3.63. The US Dollar Index Futures was up 0.19%, trading at 98.50.
Summary of session metrics and notable movers:
- WIG30 close: down 0.78%
- Top gainers: WA:JSW (+8.03% to 29.06), WA:MILP (+2.83% to 18.17), WA:ALRR (+1.69% to 123.00)
- Top decliners: WA:KGH (-4.10% to 299.20), WA:DNP (-3.73% to 32.25), WA:ENAE (-3.37% to 21.82)
- Market breadth: 334 decliners, 199 advancers, 109 unchanged
- Commodities: WTI June +3.40% to $99.65/bbl; Brent July +2.53% to $104.26/bbl; Gold June -2.31% to $4,585.09/oz
- FX: EUR/PLN 4.25 (flat +0.10%), USD/PLN 3.63 (+0.20%), US Dollar Index Futures 98.50 (+0.19%)
This session's price action left the WIG30 lower at the close, with a clear tilt toward declining issues across the Warsaw bourse and distinct moves in energy and commodity markets recorded at the same time.