Poland stocks lower at close of trade; WIG30 down 1.59%

Investing.com – Poland stocks were lower after the close on Monday, as losses in the Banking , Food and Information Technology sectors led shares lower.

At the close in Warsaw, the WIG30 declined 1.59%.

The best performers of the session on the WIG30 were Grupa KĘTY SA (WA:KTY ), which rose 2.68% or 21.00 points to trade at 804.00 at the close. Meanwhile, BUDIMEX SA (WA:BDXP ) added 2.41% or 14.00 points to end at 595.50 and PGE Polska Grupa Energetyczna SA (WA:PGE ) was up 2.08% or 0.15 points to 7.17 in late trade.

The worst performers of the session were Powszechny Zaklad Ubezpieczen SA (WA:PZU ), which fell 7.36% or 3.11 points to trade at 39.15 at the close. Powszechna Kasa Oszczednosci Bank Polski SA (WA:PKO ) declined 2.38% or 1.36 points to end at 55.82 and Bank Polska Kasa Opieki SA (WA:PEO ) was down 2.04% or 3.10 points to 148.85.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 261 to 242 and 107 ended unchanged.

Shares in Powszechny Zaklad Ubezpieczen SA (WA:PZU ) fell to 52-week lows; falling 7.36% or 3.11 to 39.15.

Crude oil for November delivery was up 1.34% or 0.91 to $68.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.17% or 0.84 to hit $72.45 a barrel, while the December Gold Futures contract fell 0.09% or 2.35 to trade at $2,608.35 a troy ounce.

EUR/PLN was unchanged 0.03% to 4.28, while USD/PLN fell 0.41% to 3.85.

The US Dollar Index Futures was down 0.32% at 100.46.

Source: Investing.com