Investing.com – Poland equities were lower at the close on Wednesday, as losses in the Basic Materials, Banking and Chemicals sectors propelled shares lower.
At the close in Warsaw, the WIG30 lost 2.46% to hit a new 52-week low.
The biggest gainers of the session on the WIG30 were Eurocash SA (WA:EUR), which rose 3.67% or 1.46 points to trade at 41.26 at the close. Kernel Holding SA (WA:KER) added 2.53% or 1.10 points to end at 44.50 and Cyfrowy Polsat SA (WA:CPS) was up 1.31% or 0.30 points to 23.20 in late trade.
Biggest losers included KGHM Polska Miedz SA (WA:KGH), which lost 8.79% or 8.70 points to trade at 90.30 in late trade. Powszechny Zaklad Ubezpieczen SA (WA:PZU) declined 5.70% or 24.75 points to end at 409.15 and PKO Bank Polski SA (WA:PKO) shed 4.09% or 1.23 points to 28.81.
Declining stocks outnumbered rising ones by 365 to 175 and 123 ended unchanged on the Warsaw Stock Exchange.
In commodities trading, Crude oil for September delivery was down 1.79% or 0.91 to $49.95 a barrel. Meanwhile, Brent oil for delivery in September fell 0.94% or 0.54 to hit $56.51 a barrel, while the August Gold contract fell 1.09% or 12.00 to trade at $1091.50 a troy ounce.
EUR/PLN was down 0.57% to 4.1122, while USD/PLN fell 0.02% to 3.7809.
The US Dollar Index was up 0.48% at 97.88.