Stock Markets June 26, 2026 11:40 AM

Warsaw stocks slip as WIG30 falls 0.65%; oil and energy names weigh on market

Declines in Oil & Gas, Energy and Chemicals push more stocks lower; crude and Brent retreat while gold rallies

By Priya Menon
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Poland's blue-chip WIG30 index closed lower on Friday, down 0.65%, with losses concentrated in Oil & Gas, Energy and Chemicals. Decliners outnumbered risers by a wide margin. Several individual stocks reached new highs even as commodity moves - a drop in crude and Brent and a rise in gold - helped shape the session.

Warsaw stocks slip as WIG30 falls 0.65%; oil and energy names weigh on market
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Key Points

  • WIG30 closed down 0.65% in Warsaw, with Oil & Gas, Energy and Chemicals among the weakest sectors.
  • Market breadth was negative - 315 stocks fell, 200 rose and 113 were unchanged.
  • Individual movers included KTY, SNTP and ZAB on the upside, and JSW, MDVP and XTB on the downside; SNTP and ZAB reached all-time highs.

Poland's stock market closed the week in negative territory on Friday, with the WIG30 index ending the session down 0.65% in Warsaw. The pullback was led by sectoral weakness in Oil & Gas, Energy and Chemicals, which dragged a larger share of listed names into the red.

Market movers

Among members of the WIG30, Grupa KĘTY SA (WA:KTY) was the top performer, finishing the session up 3.45% - a gain of 41.00 points - at 1,228.00. Synektik (WA:SNTP) climbed 2.43% or 7.60 points to close at 320.60, and Zabka Group SA (WA:ZAB) advanced 2.05% or 0.54 points to 26.94.

On the downside, Jastrzebska Spotka Weglowa SA (WA:JSW) fell 3.62% or 0.91 points to finish at 24.20. MODIVO SA (WA:MDVP) declined 3.60% or 3.46 points to 92.54, while X Trade Brokers Dom Maklerski SA (WA:XTB) dropped 3.23% or 3.48 points to 104.12.

Overall market breadth was negative: declining issues outnumbered advancing ones by 315 to 200, and 113 stocks finished unchanged.

Notable milestones

Two WIG30 constituents reached record highs during the session. Shares of Synektik rose to an all-time high, closing at 320.60 after a 2.43% advance, and Zabka Group SA also finished the day at a new peak of 26.94, up 2.05%.

Commodities and currencies

Commodity markets were mixed and likely contributed to sector performance. Crude oil for August delivery was down 4.21% or $3.03, settling at $68.89 a barrel. Brent oil for September delivery fell 4.17% or $3.15 to $72.35 a barrel. By contrast, the August Gold Futures contract rose 1.47% or $59.55 to trade at $4,107.15 a troy ounce.

Currency moves in the session included EUR/PLN rising 0.18% to 4.29, while USD/PLN eased 0.14% to 3.76. The US Dollar Index Futures was reported down 0.20% at 101.00.


Market takeaway

The session highlighted uneven performance across sectors: while several industrial and consumer-oriented names pushed higher and even set new highs, energy- and commodity-linked stocks were under pressure alongside a notable drop in crude benchmarks. Broad market breadth favored decliners, reflecting the weight of losing sectors on the WIG30 headline reading.

Risks

  • Volatility in crude and Brent oil prices could continue to pressure Oil & Gas and Energy sector stocks.
  • Concentrated sector weakness may keep overall market breadth negative, affecting indices such as the WIG30.
  • Currency moves - including shifts in EUR/PLN and USD/PLN - introduce additional uncertainty for exporters and importers exposed to foreign-exchange fluctuations.

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