Poland's equity market ended Tuesday's session in the red, with the WIG30 down 0.96% at the close in Warsaw as sector-level weakness in Basic Materials, Oil & Gas and Construction pressured broader indices.
On the WIG30, the top performers included PGE Polska Grupa Energetyczna SA (WA:PGE), which advanced 1.90% to finish at 10.73, and Enea SA (WA:ENAE), which rose 1.89% to close at 21.60. Jastrzebska Spotka Weglowa SA (WA:JSW) also posted a gain of 0.99%, ending the day at 28.58.
At the other end of the list, Synektik (WA:SNTP) led declines, sliding 2.65% to 278.80 by the close. MODIVO SA (WA:MDVP) fell 2.13% to 79.96, and LPP SA (WA:LPPP) dropped 2.05% to 22,020.00.
Decliners outnumbered advancers on the Warsaw Stock Exchange by 318 to 224, while 102 issues finished unchanged, reflecting broad market weakness on the day.
Commodities moved unevenly in concurrent trading. Crude oil for July delivery fell 2.38% to $94.30 a barrel, while Brent for August delivery climbed 4.39% to $97.52 a barrel. The August gold futures contract was down 0.40%, trading at $4,538.00 a troy ounce.
Currency markets showed modest strength for both the euro and the dollar against the Polish zloty. EUR/PLN rose 0.26% to 4.24, and USD/PLN increased 0.46% to 3.65. The US Dollar Index Futures was slightly lower, down 0.02% at 99.17.
Market snapshot
- WIG30 -0.96%
- PGE +1.90%, ENAE +1.89%, JSW +0.99%
- SNTP -2.65%, MDVP -2.13%, LPPP -2.05%
- Crude July -2.38% at $94.30; Brent Aug +4.39% at $97.52; Gold Aug -0.40% at $4,538.00
- EUR/PLN 4.24 (+0.26%), USD/PLN 3.65 (+0.46%)
The session combined sector-specific losses with divergent commodity performance, leaving the broad index lower despite pockets of strength among energy names. Market breadth favored sellers, and currency movements were modest while the US Dollar Index Futures showed a near-flat reading.