Poland stocks finished higher after Thursday's session, with sector gains concentrated in Oil & Gas, Basic Materials and Energy driving the market upward.
At the Warsaw close, the benchmark WIG30 index rose 1.15%.
The strongest performers on the WIG30 were mBank SA (WA:MBK), which advanced 3.18% - equivalent to a 41.00-point gain - to finish at 1,331.50. Polski Koncern Naftowy ORLEN SA (WA:PKN) also climbed 3.18%, adding 4.58 points to close at 148.68. Cyfrowy Polsat SA (WA:CPS) recorded a 2.42% gain, up 0.36 points to 15.25 in late trade.
On the downside, Jastrzebska Spotka Weglowa SA (WA:JSW) led decliners, falling 3.28% or 0.88 points to end the session at 25.92. Asseco Poland SA (WA:ACPP) dropped 1.47%, a 2.75-point decline to 183.95, while BUDIMEX SA (WA:BDXP) eased 1.41%, down 9.20 points to 645.40.
Market breadth was modestly positive: 268 stocks rose on the Warsaw Stock Exchange, 248 fell and 107 finished unchanged.
Notably, shares of mBank SA and Polski Koncern Naftowy ORLEN SA rose to all-time highs during the session - both registering 3.18% gains to reach 1,331.50 and 148.68 respectively.
Commodity trading showed mixed moves. Crude oil for July delivery rose 0.69% - up $0.62 - to $90.65 a barrel. Brent oil for August delivery increased 0.14%, or $0.13, settling at $93.23 a barrel. Precious metals moved lower as the August Gold Futures contract fell 0.79%, a decline of $32.48, trading at $4,100.82 a troy ounce.
Currency markets reflected small moves against the zloty. The euro rose 0.20% versus the Polish zloty to 4.26 (EUR/PLN), and the dollar strengthened 0.32% to 3.69 (USD/PLN). The US Dollar Index Futures was up 0.26% at 100.19 late in the session.
Summary of key market moves:
- WIG30 closed up 1.15%.
- Top performers included mBank (WA:MBK), PKN (WA:PKN) and Cyfrowy Polsat (WA:CPS).
- Notable declines were led by Jastrzebska Spotka Weglowa (WA:JSW), Asseco Poland (WA:ACPP) and BUDIMEX (WA:BDXP).