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Poland stocks lower at close of trade; WIG30 down 1.58%

Published 11/16/2018, 12:10 PM
Poland stocks lower at close of trade; WIG30 down 1.58%

Investing.com – Poland stocks were lower after the close on Friday, as losses in the Banking, Telecoms and Chemicals sectors led shares lower.

At the close in Warsaw, the WIG30 lost 1.58%.

The best performers of the session on the WIG30 were Play Communications SA (WA:PLY), which rose 4.06% or 0.61 points to trade at 15.62 at the close. Meanwhile, PGE Polska Grupa Energetyczna SA (WA:PGE) added 1.93% or 0.23 points to end at 12.14 and Tauron Polska Energia SA (WA:TPE) was up 1.48% or 0.030 points to 2.060 in late trade.

The worst performers of the session were Powszechna Kasa Oszczednosci Bank Polski SA (WA:PKO), which fell 5.58% or 2.25 points to trade at 38.07 at the close. Alior Bank SA (WA:ALRR) declined 5.42% or 2.90 points to end at 50.65 and Dino Polska SA (WA:DNP) was down 5.41% or 4.90 points to 85.65.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 349 to 243 and 54 ended unchanged.

Shares in Alior Bank SA (WA:ALRR) fell to 52-week lows; down 5.42% or 2.90 to 50.65.

Crude oil for December delivery was up 0.67% or 0.38 to $56.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.66% or 0.44 to hit $67.06 a barrel, while the December Gold Futures contract rose 1.84% or 22.10 to trade at $1221.30 a troy ounce.

EUR/PLN was up 0.53% to 4.3114, while USD/PLN fell 0.16% to 3.7793.

The US Dollar Index Futures was down 0.47% at 96.34.

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