Poland stocks higher at close of trade: Bulls hope for better

Poland stocks were higher after the close on Thursday, as gains in the Information Technology, Telecoms and Media sectors led shares higher. Poland stocks higher at close of trade: Bulls hope for better…

At the close in Warsaw, the WIG30 rose 0.19%.

The best performers of the session on the WIG30 were Lubelski Wegiel Bogdanka SA (WA:LWBP), which rose 4.38% or 2.40 points to trade at 57.20 at the close. Meanwhile, Asseco Poland SA (WA:ACPP) added 3.88% or 2.25 points to end at 60.18 and Gornictwo Naftowe i Gazownictwo SA (WA:PGN) was up 2.44% or 0.16 points to 6.71 in late trade.

The worst performers of the session were Bank Polska Kasa Opieki SA (WA:PEO), which fell 2.18% or 3.90 points to trade at 175.00 at the close. Enea SA (WA:ENAE) declined 1.83% or 0.29 points to end at 15.57 and mBank SA (WA:MBK) was down 1.78% or 7.30 points to 403.35.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 265 to 255 and 127 ended unchanged.

Shares in mBank SA (WA:MBK) fell to 52-week lows; falling 1.78% or 7.30 to 403.35.

Crude oil for August delivery was up 1.05% or 0.60 to $57.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 1.09% or 0.68 to hit $62.69 a barrel, while the August Gold contract fell 0.54% or 6.30 to trade at $1163.00 a troy ounce.

EUR/PLN was up 0.10% to 4.1922, while USD/PLN fell 0.27% to 3.7791.

The US Dollar Index was down 0.26% at 96.22.

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