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Poland shares higher at close of trade; WIG30 up 2.28%

Published 24/08/2017, 17:10
© Reuters.  Poland shares higher at close of trade; WIG30 up 2.28%
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Investing.com – Poland equities were higher at the close on Thursday, as gains in the Oil & Gas, Banking and Energy sectors propelled shares higher.

At the close in Warsaw, the WIG30 gained 2.28% to hit a new all time high.

The biggest gainers of the session on the WIG30 were Grupa Lotos SA (WA:LTSP), which rose 5.72% or 3.11 points to trade at 57.51 at the close. Polski Koncern Naftowy ORLEN SA (WA:PKN) added 5.10% or 5.54 points to end at 114.12 and Bank Zachodni WBK SA (WA:BZW) was up 4.82% or 17.30 points to 375.95 in late trade.

Biggest losers included Grupa Azoty SA (WA:ATTP), which lost 4.02% or 2.77 points to trade at 66.12 in late trade. Kernel Holding SA (WA:KER) declined 2.60% or 1.60 points to end at 60.00 and Eurocash SA (WA:EUR) shed 1.69% or 0.62 points to 36.00.

Advancing stocks outnumbered falling ones by 260 to 241 and 180 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for October delivery was down 2.44% or 1.18 to $47.23 a barrel. Meanwhile, Brent oil for delivery in October fell 1.56% or 0.82 to hit $51.75 a barrel, while the December Gold Futures contract fell 0.13% or 1.62 to trade at $1293.08 a troy ounce.

EUR/PLN was down 0.58% to 4.2614, while USD/PLN fell 0.58% to 3.6094.

The US Dollar Index Futures was up 0.02% at 93.16.

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