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Poland stocks higher at close of trade; WIG30 up 1.37%

Published 08/30/2016, 12:10 PM
Updated 08/30/2016, 12:10 PM
Poland stocks higher at close of trade; WIG30 up 1.37%

Investing.com – Poland stocks were higher after the close on Tuesday, as gains in the Basic Materials, Banking and Telecoms sectors led shares higher.

At the close in Warsaw, the WIG30 rose 1.37%.

The best performers of the session on the WIG30 were Jastrzebska Spotka Weglowa SA (WA:JSW), which rose 22.74% or 7.21 points to trade at 38.91 at the close. Meanwhile, mBank SA (WA:MBK) added 5.99% or 22.20 points to end at 392.95 and Lubelski Wegiel Bogdanka SA (WA:LWBP) was up 5.52% or 2.98 points to 56.99 in late trade.

The worst performers of the session were Enea SA (WA:ENAE), which fell 3.24% or 0.32 points to trade at 9.57 at the close. Energa SA (WA:ENGP) declined 3.03% or 0.24 points to end at 7.67 and Tauron Polska Energia SA (WA:TPE) was down 2.42% or 0.070 points to 2.820.

Rising stocks outnumbered declining ones on the Warsaw Stock Exchange by 283 to 271 and 174 ended unchanged.

Shares in Jastrzebska Spotka Weglowa SA (WA:JSW) rose to 52-week highs; rising 22.74% or 7.21 to 38.91. Shares in mBank SA (WA:MBK) rose to 52-week highs; rising 5.99% or 22.20 to 392.95. Shares in Energa SA (WA:ENGP) fell to all time lows; losing 3.03% or 0.24 to 7.67.

Crude oil for October delivery was down 1.11% or 0.52 to $46.46 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 1.46% or 0.72 to hit $48.73 a barrel, while the December Gold contract fell 0.51% or 6.80 to trade at $1320.30 a troy ounce.

EUR/PLN was up 0.40% to 4.3617, while USD/PLN rose 0.72% to 3.9097.

The US Dollar Index was up 0.44% at 95.95.

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