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Poland shares lower at close of trade; WIG30 down 1.84%

Published 01/09/2016, 17:10
© Reuters.  Poland shares lower at close of trade; WIG30 down 1.84%

Investing.com – Poland equities were lower at the close on Thursday, as losses in the Energy, Information Technology and Basic Materials sectors propelled shares lower.

At the close in Warsaw, the WIG30 declined 1.84% to hit a new 1-month low.

The biggest gainers of the session on the WIG30 were Cyfrowy Polsat SA (WA:CPS), which rose 1.02% or 0.25 points to trade at 24.85 at the close. Polski Koncern Naftowy ORLEN SA (WA:PKN) added 0.77% or 0.50 points to end at 65.22 and CCC SA (WA:CCCP) was up 0.25% or 0.45 points to 182.45 in late trade.

Biggest losers included PKP Cargo (WA:PKPP), which lost 5.17% or 2.30 points to trade at 42.20 in late trade. Tauron Polska Energia SA (WA:TPE) declined 4.68% or 0.130 points to end at 2.650 and Jastrzebska Spotka Weglowa SA (WA:JSW) shed 4.28% or 1.66 points to 37.10.

Declining stocks outnumbered rising ones by 343 to 227 and 148 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for October delivery was down 2.89% or 1.29 to $43.41 a barrel. Meanwhile, Brent oil for delivery in November fell 2.62% or 1.23 to hit $45.66 a barrel, while the December Gold contract rose 0.46% or 6.05 to trade at $1317.45 a troy ounce.

EUR/PLN was up 0.13% to 4.3660, while USD/PLN fell 0.20% to 3.8997.

The US Dollar Index was down 0.39% at 95.64.

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