Poland stocks lower at close of trade; WIG30 down 2.25%

Investing.com – Poland stocks were lower after the close on Wednesday, as losses in the Construction , Banking and Basic Materials sectors led shares lower.

At the close in Warsaw, the WIG30 declined 2.25% to hit a new 1-month low.

The best performers of the session on the WIG30 were Allegro (WA:ALEP ), which rose 0.87% or 0.31 points to trade at 35.84 at the close. Meanwhile, Eurocash SA (WA:EUR ) added 0.46% or 0.04 points to end at 8.65 and Grupa Azoty SA (WA:ATTP ) was unchanged 0.00% or 0.00 points to 20.78 in late trade.

The worst performers of the session were BUDIMEX SA (WA:BDXP ), which fell 7.69% or 42.50 points to trade at 510.50 at the close. mBank SA (WA:MBK ) declined 4.93% or 29.40 points to end at 567.00 and Santander Bank Polska SA (WA:SPL1 ) was down 4.37% or 21.00 points to 459.80.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 312 to 196 and 97 ended unchanged.

Crude oil for December delivery was up 1.98% or 1.33 to $68.54 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.92% or 1.36 to hit $72.09 a barrel, while the December Gold Futures contract rose 0.57% or 15.90 to trade at $2,797.00 a troy ounce.

EUR/PLN was up 0.40% to 4.35, while USD/PLN unchanged 0.01% to 4.01.

The US Dollar Index Futures was down 0.30% at 103.88.

Source: Investing.com