Poland stocks lower at close of trade

Poland stocks lower at close of trade

Poland stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Banking and Information Technology sectors led shares lower.

At the close in Warsaw, the WIG30 lost 0.24%.

The best performers of the session on the WIG30 were Jastrzebska Spotka Weglowa SA (WA:JSW), which rose 8.66% or 1.12 points to trade at 14.06 at the close. Meanwhile, LPP SA (WA:LPPP) added 2.23% or 123.00 points to end at 5643.00 and Cyfrowy Polsat SA (WA:CPS) was up 1.55% or 0.36 points to 23.62 in late trade.

The worst performers of the session were PKO Bank Polski SA (WA:PKO), which fell 2.31% or 0.61 points to trade at 25.77 at the close. Polski Koncern Naftowy ORLEN SA (WA:PKN) declined 1.02% or 0.72 points to end at 70.02 and Gornictwo Naftowe i Gazownictwo SA (WA:PGN) was down 1.01% or 0.05 points to 4.89.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 289 to 226 and 172 ended unchanged.

Crude oil for May delivery was up 3.00% or 1.21 to $41.57 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 3.32% or 1.42 to hit $44.25 a barrel, while the June Gold contract fell 0.17% or 2.10 to trade at $1255.90 a troy ounce.

EUR/PLN was up 0.37% to 4.2935, while USD/PLN rose 0.56% to 3.7705.

The US Dollar Index was up 0.11% at 94.07.