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Poland stocks lower at close of trade; WIG30 down 2.22%

Published 02/28/2018, 12:10 PM
Updated 02/28/2018, 12:15 PM
Poland stocks lower at close of trade; WIG30 down 2.22%

Investing.com – Poland stocks were lower after the close on Wednesday, as losses in the Energy, Basic Materials and Chemicals sectors led shares lower.

At the close in Warsaw, the WIG30 declined 2.22% to hit a new 6-months low.

The best performers of the session on the WIG30 were Kernel Holding SA (WA:KER), which rose 4.61% or 2.15 points to trade at 48.80 at the close. Meanwhile, Asseco Poland SA (WA:ACPP) added 1.42% or 0.66 points to end at 47.26 and Cyfrowy Polsat SA (WA:CPS) was unchanged 0.00% or 0.00 points to 23.36 in late trade.

The worst performers of the session were Eurocash SA (WA:EUR), which fell 10.37% or 2.42 points to trade at 20.92 at the close. Grupa Lotos SA (WA:LTSP) declined 4.72% or 2.78 points to end at 56.18 and LPP SA (WA:LPPP) was down 4.15% or 390.00 points to 9015.00.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 310 to 182 and 188 ended unchanged.

Shares in Eurocash SA (WA:EUR) fell to 5-year lows; down 10.37% or 2.42 to 20.92.

Crude oil for April delivery was down 1.00% or 0.63 to $62.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 1.28% or 0.85 to hit $65.67 a barrel, while the April Gold Futures contract rose 0.23% or 3.00 to trade at $1321.60 a troy ounce.

EUR/PLN was up 0.05% to 4.1744, while USD/PLN rose 0.16% to 3.4160.

The US Dollar Index Futures was up 0.12% at 90.42.

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