Investing.com – Poland stocks were lower after the close on Wednesday, as losses in the Basic Materials, Banking and Chemicals sectors led shares lower.
At the close in Warsaw, the WIG30 fell 2.46% to hit a new 52-week low.
The best performers of the session on the WIG30 were Eurocash SA (WA:EUR), which rose 3.67% or 1.46 points to trade at 41.26 at the close. Meanwhile, Kernel Holding SA (WA:KER) added 2.53% or 1.10 points to end at 44.50 and Cyfrowy Polsat SA (WA:CPS) was up 1.31% or 0.30 points to 23.20 in late trade.
The worst performers of the session were KGHM Polska Miedz SA (WA:KGH), which fell 8.79% or 8.70 points to trade at 90.30 at the close. Powszechny Zaklad Ubezpieczen SA (WA:PZU) declined 5.70% or 24.75 points to end at 409.15 and PKO Bank Polski SA (WA:PKO) was down 4.09% or 1.23 points to 28.81.
Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 365 to 175 and 123 ended unchanged.
Shares in KGHM Polska Miedz SA (WA:KGH) fell to 3-years lows; falling 8.79% or 8.70 to 90.30. Shares in Kernel Holding SA (WA:KER) rose to 52-week highs; rising 2.53% or 1.10 to 44.50. Shares in Powszechny Zaklad Ubezpieczen SA (WA:PZU) fell to 52-week lows; losing 5.70% or 24.75 to 409.15. Shares in PKO Bank Polski SA (WA:PKO) fell to 5-year lows; falling 4.09% or 1.23 to 28.81.
Crude oil for September delivery was down 1.81% or 0.92 to $49.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.97% or 0.56 to hit $56.48 a barrel, while the August Gold contract fell 1.10% or 12.10 to trade at $1091.40 a troy ounce.
EUR/PLN was down 0.57% to 4.1122, while USD/PLN fell 0.04% to 3.7804.
The US Dollar Index was up 0.48% at 97.88.