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Poland shares lower at close of trade; WIG30 down 0.83%

Published 17/11/2016, 17:10
Updated 17/11/2016, 17:10
Poland shares lower at close of trade; WIG30 down 0.83%

Poland shares lower at close of trade; WIG30 down 0.83%

Investing.com – Poland equities were lower at the close on Thursday, as losses in the Oil & Gas, Telecoms and Banking sectors propelled shares lower.

At the close in Warsaw, the WIG30 declined 0.83%.

The biggest gainers of the session on the WIG30 were Powszechny Zaklad Ubezpieczen SA (WA:PZU), which rose 2.50% or 0.68 points to trade at 27.92 at the close. PKP Cargo (WA:PKPP) added 2.24% or 1.01 points to end at 46.20 and Cyfrowy Polsat SA (WA:CPS) was up 2.00% or 0.46 points to 23.41 in late trade.

Biggest losers included Bank Zachodni WBK SA (WA:BZW), which lost 3.75% or 11.20 points to trade at 287.60 in late trade. Polski Koncern Naftowy ORLEN SA (WA:PKN) declined 3.58% or 2.67 points to end at 71.89 and Gornictwo Naftowe i Gazownictwo SA (WA:PGN) shed 3.33% or 0.16 points to 4.64.

Declining stocks outnumbered rising ones by 288 to 231 and 201 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.97% or 0.44 to $46.01 a barrel. Meanwhile, Brent oil for delivery in January rose 0.86% or 0.40 to hit $47.03 a barrel, while the December Gold contract rose 0.19% or 2.35 to trade at $1226.25 a troy ounce.

EUR/PLN was down 0.27% to 4.4410, while USD/PLN rose 0.02% to 4.1680.

The US Dollar Index was up 0.28% at 100.66.

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