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Poland stocks lower at close of trade; WIG30 down 0.35%

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Poland stocks were lower after the close on Thursday, as losses in the Chemicals, Telecoms and Basic Materials sectors led shares lower.

At the close in Warsaw, the WIG30 fell 0.35%.

The best performers of the session on the WIG30 were Gornictwo Naftowe i Gazownictwo SA (WA:PGN), which rose 3.70% or 0.20 points to trade at 5.60 at the close. Meanwhile, Tauron Polska Energia SA (WA:TPE) added 2.16% or 0.060 points to end at 2.840 and Asseco Poland SA (WA:ACPP) was up 1.54% or 0.79 points to 52.21 in late trade.

The worst performers of the session were Jastrzebska Spotka Weglowa SA (WA:JSW), which fell 7.75% or 1.44 points to trade at 17.15 at the close. Eurocash SA (WA:EUR) declined 3.96% or 1.90 points to end at 46.10 and LPP SA (WA:LPPP) was down 2.63% or 135.95 points to 5039.00.

Rising stocks outnumbered declining ones on the Warsaw Stock Exchange by 275 to 202 and 193 ended unchanged.

Crude oil for August delivery was down 2.45% or 1.22 to $48.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 2.55% or 1.31 to hit $50.01 a barrel, while the August Gold contract fell 0.34% or 4.45 to trade at $1322.45 a troy ounce.

EUR/PLN was down 0.68% to 4.3893, while USD/PLN fell 0.09% to 3.9695.

The US Dollar Index was up 0.64% at 96.30.

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