Poland shares lower at close of trade; WIG30 down 1.10%

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Poland shares lower at close of trade; WIG30 down 1.10%

Investing.com – Poland equities were lower at the close on Tuesday, as losses in the Telecoms , Basic Materials and Construction sectors propelled shares lower.

At the close in Warsaw, the WIG30 declined 1.10% to hit a new 52-week low.

The biggest gainers of the session on the WIG30 were ING Bank Śląski SA (WA: INGP ), which rose 4.62% or 8.00 points to trade at 181.00 at the close. Globe Trade Centre SA (WA: GTCP ) added 2.44% or 0.22 points to end at 9.24 and Bank Millennium SA (WA: MILP ) was up 0.92% or 0.07 points to 7.67 in late trade.

Biggest losers included OrangePL (WA: OPL ), which lost 6.21% or 0.30 points to trade at 4.53 in late trade. CD Projekt SA (WA: CDR ) declined 3.95% or 6.80 points to end at 165.20 and Grupa Lotos SA (WA: LTSP ) shed 3.75% or 2.08 points to 53.32.

Declining stocks outnumbered rising ones by 274 to 145 and 173 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for August delivery was down 1.86% or 1.22 to $64.47 a barrel. Meanwhile, Brent oil for delivery in August fell 0.78% or 0.59 to hit $74.75 a barrel, while the August Gold Futures contract fell 0.20% or 2.50 to trade at $1277.60 a troy ounce.

EUR/PLN was up 0.17% to 4.3109, while USD/PLN rose 0.63% to 3.7259.

The US Dollar Index Futures was up 0.35% at 94.74.

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