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Poland shares lower at close of trade; WIG30 down 1.24%

Published 17/02/2017, 17:10
Updated 17/02/2017, 17:10
Poland shares lower at close of trade; WIG30 down 1.24%

Investing.com – Poland equities were lower at the close on Friday, as losses in the Chemicals, Information Technology and Oil & Gas sectors propelled shares lower.

At the close in Warsaw, the WIG30 lost 1.24%.

The biggest gainers of the session on the WIG30 were Bank Zachodni WBK SA (WA:BZW), which rose 0.40% or 1.40 points to trade at 354.85 at the close. mBank (WA:MBK) added 0.04% or 0.15 points to end at 408.00 and LPP SA (WA:LPPP) was down 0.07% or 3.65 points to 5440.00 in late trade.

Biggest losers included Synthos SA (WA:SNS), which lost 4.37% or 0.260 points to trade at 5.690 in late trade. Gornictwo Naftowe i Gazownictwo SA (WA:PGN) declined 4.15% or 0.25 points to end at 5.78 and Asseco Poland SA (WA:ACPP) shed 3.17% or 1.80 points to 55.00.

Declining stocks outnumbered rising ones by 329 to 237 and 165 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for March delivery was down 0.37% or 0.20 to $53.16 a barrel. Meanwhile, Brent oil for delivery in April fell 0.13% or 0.07 to hit $55.58 a barrel, while the April Gold Futures contract fell 0.21% or 2.55 to trade at $1239.05 a troy ounce.

EUR/PLN was up 0.33% to 4.3336, while USD/PLN rose 0.89% to 4.0823.

The US Dollar Index Futures was up 0.44% at 100.89.

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