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Poland stocks higher at close of trade; WIG30 up 0.54%

Published 12/14/2016, 12:10 PM
Updated 12/14/2016, 12:10 PM
Poland stocks higher at close of trade; WIG30 up 0.54%

Investing.com – Poland stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Media and Energy sectors led shares higher.

At the close in Warsaw, the WIG30 rose 0.54% to hit a new 52-week high.

The best performers of the session on the WIG30 were Powszechny Zaklad Ubezpieczen SA (WA:PZU), which rose 3.88% or 1.23 points to trade at 32.91 at the close. Meanwhile, Grupa Lotos SA (WA:LTSP) added 3.54% or 1.35 points to end at 39.44 and Polski Koncern Naftowy ORLEN SA (WA:PKN) was up 3.10% or 2.54 points to 84.56 in late trade.

The worst performers of the session were Jastrzebska Spotka Weglowa SA (WA:JSW), which fell 4.24% or 3.25 points to trade at 73.45 at the close. Grupa Azoty SA (WA:ATTP) declined 2.44% or 1.63 points to end at 65.14 and KGHM Polska Miedz SA (WA:KGH) was down 2.12% or 2.02 points to 93.23.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 281 to 273 and 170 ended unchanged.

Shares in Grupa Lotos SA (WA:LTSP) rose to 3-years highs; gaining 3.54% or 1.35 to 39.44. Shares in Polski Koncern Naftowy ORLEN SA (WA:PKN) rose to 52-week highs; up 3.10% or 2.54 to 84.56.

Crude oil for January delivery was down 1.53% or 0.81 to $52.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.18% or 0.66 to hit $55.06 a barrel, while the February Gold contract rose 0.53% or 6.15 to trade at $1165.15 a troy ounce.

EUR/PLN was up 0.02% to 4.4262, while USD/PLN fell 0.24% to 4.1555.

The US Dollar Index was down 0.20% at 100.88.

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