Poland shares higher at close of trade; WIG30 up 2.34%

Poland shares higher at close of trade; WIG30 up 2.34%

Investing.com  | Aug 27, 2018 17:10

Poland shares higher at close of trade; WIG30 up 2.34%

Investing.com – Poland equities were higher at the close on Monday, as gains in the Basic Materials, Banking and Telecoms sectors propelled shares higher.

At the close in Warsaw, the WIG30 gained 2.34% to hit a new 3-month high.

The biggest gainers of the session on the WIG30 were Jastrzebska Spotka Weglowa SA (WA:JSW), which rose 9.32% or 6.90 points to trade at 80.90 at the close. KGHM Polska Miedz SA (WA:KGH) added 4.12% or 3.63 points to end at 91.75 and PGE Polska Grupa Energetyczna SA (WA:PGE) was up 4.05% or 0.35 points to 8.99 in late trade.

Biggest losers included Play Communications SA (WA:PLY), which lost 1.00% or 0.22 points to trade at 21.78 in late trade. Kernel Holding SA (WA:KER) declined 0.39% or 0.20 points to end at 50.90 and Grupa Lotos SA (WA:LTSP) shed 0.11% or 0.08 points to 70.38.

Advancing stocks outnumbered falling ones by 244 to 203 and 182 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for October delivery was down 0.04% or 0.03 to $68.69 a barrel. Meanwhile, Brent oil for delivery in November rose 0.16% or 0.12 to hit $76.25 a barrel, while the December Gold Futures contract rose 0.19% or 2.30 to trade at $1215.60 a troy ounce.

EUR/PLN was down 0.22% to 4.2674, while USD/PLN fell 0.67% to 3.6553.

The US Dollar Index Futures was down 0.38% at 94.72.

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