Stock Markets May 29, 2026 11:35 AM

Warsaw Stocks Close Higher; WIG30 Gains 0.38%

Basic materials, information technology and developers lead late-session advances as energy and retail names lag

By Nina Shah

Poland's main blue-chip index ended Friday with modest gains, supported by strength in basic materials, information technology and developer stocks. Market breadth was narrowly positive, while commodity prices slipped and the zloty showed limited movement against major currencies ahead of the weekend.

Warsaw Stocks Close Higher; WIG30 Gains 0.38%

Key Points

  • WIG30 closed up 0.38% with gains led by Basic Materials, Information Technology and Developers sectors.
  • Top individual performers included Rainbow Tours (RBW), Jastrzebska Spotka Weglowa (JSW), and LPP (LPPP); largest declines were in Pepco (PCOP), Tauron (TPE), and Cyfrowy Polsat (CPS).
  • Commodity prices fell for crude oil and Brent, while gold futures rose; EUR/PLN was flat and USD/PLN weakened slightly, reflecting mixed signals across commodities and FX markets.

Poland's equity market finished the trading week in positive territory on Friday, with the WIG30 index rising 0.38% at the close in Warsaw.

Sectors that contributed to the advance included Basic Materials, Information Technology and Developers, lifting a range of shares across the benchmark.

The session's top performers on the WIG30 were Rainbow Tours SA (WA:RBW), which climbed 3.79% - an increase of 5.40 points - to finish at 147.80. Jastrzebska Spotka Weglowa SA (WA:JSW) added 3.55%, or 0.96 points, ending the day at 28.02. Apparel and retail group LPP SA (WA:LPPP) was also among the leaders, advancing 3.11% - up 680.00 points - to close at 22,580.00.

At the other end of the index, Pepco Group Nv (WA:PCOP) recorded the largest decline, dropping 2.52% or 0.87 points to 33.59 at the close. Utility Tauron Polska Energia SA (WA:TPE) fell 2.18%, down 0.21 points to 9.41, while broadcaster Cyfrowy Polsat SA (WA:CPS) declined 2.18%, losing 0.36 points to settle at 16.17.

Market breadth on the Warsaw Stock Exchange was narrowly positive, with 287 stocks advancing against 265 decliners and 103 issues finishing unchanged.

In commodities, crude oil futures for July delivery eased 1.86%, down $1.65 to $87.25 per barrel. Brent crude for August delivery slipped 2.10%, a drop of $1.95, to $90.75 a barrel. Precious metals diverged as the August gold futures contract rose 1.72% - up $77.75 - to trade at $4,610.15 a troy ounce.

On the currency front, EUR/PLN was unchanged at 4.23, cited as a 0.11% figure in the session summary, while USD/PLN weakened 0.15% to 3.62. The US Dollar Index Futures traded lower as well, down 0.23% at 98.74 by the close.


Market takeaway - The late-session move left Poland's benchmark modestly higher, with gains concentrated in materials, technology and development-related names, while select consumer, utility and media stocks weighed on the index.

Risks

  • Slippage in crude oil and Brent prices - could pressure energy and commodity-linked stocks in the Basic Materials and Energy sectors.
  • Notable individual declines among consumer and utilities names - retail and utility sectors may face near-term volatility given the session's losers.
  • Mixed currency moves - fluctuations in EUR/PLN and USD/PLN could affect companies with FX exposures, particularly exporters and import-dependent firms.

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