Poland's equity market closed lower on Friday, with the WIG30 finishing the session down 1.00% in Warsaw after declines concentrated in the Media, Developers and Construction sectors pressured overall performance.
At the close, the headline WIG30 index registered a 1.00% drop. Within the index, performance was mixed: several large caps posted gains while others fell sharply.
The top performers on the WIG30 were:
- Jastrzebska Spotka Weglowa SA (WA:JSW) - up 2.83% or 0.88 points, to 32.00 at the close.
- Orange Polska SA (WA:OPL) - up 2.44% or 0.33 points, to 13.83.
- Grupa KĘTY SA (WA:KTY) - up 1.76% or 17.00 points, to 980.50.
On the downside, the session's weakest performers included:
- Dino Polska SA (WA:DNP) - down 18.58% or 7.48 points, to 32.77 at the close.
- MODIVO SA (WA:MDVP) - down 4.16% or 3.82 points, to 88.00.
- LPP SA (WA:LPPP) - down 2.72% or 610.00 points, to 21,820.00.
Market breadth favored decliners: 385 stocks fell versus 165 that advanced, while 97 finished unchanged on the Warsaw Stock Exchange.
Two WIG30 members moved to fresh 52-week lows during the session. Shares of Dino Polska SA (WA:DNP) fell to a 52-week low, closing at 32.77 after an 18.58% decline. MODIVO SA (WA:MDVP) also hit a 52-week low, ending the day at 88.00 following a 4.16% drop.
Commodities and currency markets registered notable moves that accompanied equity market dynamics. Near-term crude oil futures for May delivery climbed 4.27% to $98.51 per barrel. Brent futures for June delivery rose 2.68% to $104.62 per barrel. Precious metals also gained, with the June Gold Futures contract increasing 2.98% to $4,540.40 per troy ounce.
In FX, the zloty weakened modestly: EUR/PLN was up 0.34% at 4.28, while USD/PLN rose 0.39% to 3.72. The US Dollar Index Futures moved higher by 0.23%, trading at 99.93.
Friday's session left the headline index lower, with sector-specific weakness and several large-cap declines driving the result. The interplay between commodity price gains and currency moves was evident alongside the equity market shifts.