Poland stocks lower at close of trade; WIG30 down 0.54%

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

At the close in Warsaw, the WIG30 declined 0.54% to hit a new 1-month low.

The best performers of the session on the WIG30 were 11BIT (WA:11B ), which rose 5.32% or 8.60 points to trade at 170.20 at the close. Meanwhile, Grupa Azoty SA (WA:ATTP ) added 4.24% or 0.76 points to end at 18.70 and PGE Polska Grupa Energetyczna SA (WA:PGE ) was up 1.68% or 0.10 points to 6.07 in late trade.

The worst performers of the session were Allegro (WA:ALEP ), which fell 2.15% or 0.60 points to trade at 27.08 at the close. KGHM Polska Miedz SA (WA:KGH ) declined 2.00% or 2.35 points to end at 115.00 and LPP SA (WA:LPPP ) was down 1.77% or 280.00 points to 15,550.00.

Rising stocks outnumbered declining ones on the Warsaw Stock Exchange by 326 to 230 and 99 ended unchanged.

Shares in Allegro (WA:ALEP ) fell to 52-week lows; losing 2.15% or 0.60 to 27.08.

Crude oil for February delivery was up 0.69% or 0.49 to $71.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.46% or 0.34 to hit $74.13 a barrel, while the February Gold Futures contract fell 0.79% or 20.89 to trade at $2,611.01 a troy ounce.

EUR/PLN was up 0.18% to 4.28, while USD/PLN rose 0.55% to 4.12.

The US Dollar Index Futures was up 0.24% at 108.06.

Source: Investing.com