Polish equities ended the trading day in positive territory on Thursday, driven by advances in Basic Materials, Banking and Construction stocks that helped lift the WIG30 index.
At the close in Warsaw, the WIG30 was up 0.32%.
Top performers
Pepco Group Nv (WA:PCOP) led gains on the WIG30, finishing the session 4.66% higher - a rise of 1.70 points to close at 38.20. The move pushed Pepco shares to their highest levels in three years.
X Trade Brokers Dom Maklerski SA (WA:XTB) also posted a strong session, adding 3.15% or 3.90 points to end at 127.90. The stock reached an all-time high in the session.
KGHM Polska Miedz SA (WA:KGH) was up 2.32%, gaining 6.90 points to finish at 304.60.
Lagging stocks
On the downside, Zabka Group SA (WA:ZAB) fell 2.26%, down 0.63 points to 27.25 at the close. Kruk SA (WA:KRU) declined 2.04%, slipping 8.50 points to 409.10, while Synektik (WA:SNTP) dropped 1.99% or 7.60 points to 374.20.
Breadth and market internals
Advancers narrowly outnumbered decliners on the Warsaw Stock Exchange, with 271 stocks finishing higher against 262 that fell. A total of 110 issues ended unchanged.
Commodities and currencies
Commodity prices presented a mixed picture. Crude oil for August delivery fell 1.63% or 1.20 to $72.32 a barrel. Brent oil for September delivery declined 1.36% or 1.06 to $76.96 a barrel. By contrast, the August Gold Futures contract rose 1.34% or 54.69 to trade at $4,137.09 a troy ounce.
On the currency front, EUR/PLN strengthened by 0.60% to 4.33, while USD/PLN appreciated 0.44% to 3.79. The US Dollar Index Futures was slightly lower, down 0.04% at 100.72.
Context and closing note
The session saw particular strength in retailers and brokerage-related names, with Pepco reaching three-year highs and X Trade Brokers touching all-time highs. Basic Materials names such as KGHM also contributed positively to the index. At the same time, select consumer and debt-management names underperformed, leaving the overall market stance modestly positive.
The market closed with the WIG30 up 0.32%, amid commodity and FX moves that created a mixed backdrop for traders heading into the next session.