Polish equities ended Tuesday's session with gains, as advances in the Banking, Oil & Gas and Construction sectors supported a rise in the main index. By the close in Warsaw, the WIG30 was up 0.18% and had recorded a fresh all-time high.
Among individual members of the WIG30, Bank Millennium SA (WA:MILP) led the winners, climbing 5.17% - an increase of 0.87 points - to finish at 17.69. Powszechna Kasa Oszczednosci Bank Polski SA (WA:PKO) also moved higher, adding 2.38% or 2.16 points to end the session at 92.76. Santander Bank Polska SA (WA:SPL1) traded up 2.19%, gaining 12.20 points to close at 570.20.
On the downside, KGHM Polska Miedz SA (WA:KGH) was the session's largest decliner, sliding 6.69% or 23.80 points to finish at 332.00. Enea SA (WA:ENAE) fell 3.45%, a drop of 0.76 points to 21.24, while CCC SA (WA:CCCP) lost 3.13% or 4.00 points, ending the day at 124.00.
Market breadth was slightly positive: 277 stocks advanced on the Warsaw Stock Exchange, 262 fell and 103 finished unchanged.
Two WIG30 constituents reached record highs during the trading day. Bank Millennium's shares rose to an all-time intraday level, increasing 5.17% or 0.87 to 17.69. Powszechna Kasa Oszczednosci Bank Polski also hit a new peak, climbing 2.38% or 2.16 to 92.76.
Commodities trading showed notable moves. Crude oil for March delivery rose 2.14% - up 1.30 - to $61.93 a barrel, while Brent oil for April delivery increased 1.85%, a gain of 1.20, to $65.97 a barrel. The April Gold Futures contract recorded a modest uptick of 0.07% or 3.64, trading at $5,125.94 a troy ounce.
Currency markets reflected a firmer zloty versus the major currencies reported: EUR/PLN declined 0.20% to 4.20, and USD/PLN fell 1.03% to 3.50. The US Dollar Index Futures was quoted lower as well, down 0.83% at 96.06.
Market context and takeaways
- WIG30 closed at a record high, driven by gains in banking, oil and construction-related names.
- Bank Millennium and PKO were standout performers, each reaching all-time highs during the session.
- KGHM, Enea and CCC recorded the largest percentage losses among WIG30 components.
Data snapshot
- WIG30: +0.18% (closed at a new all-time high)
- Bank Millennium SA (WA:MILP): +5.17% to 17.69
- Powszechna Kasa Oszczednosci Bank Polski SA (WA:PKO): +2.38% to 92.76
- Santander Bank Polska SA (WA:SPL1): +2.19% to 570.20
- KGHM Polska Miedz SA (WA:KGH): -6.69% to 332.00
- Enea SA (WA:ENAE): -3.45% to 21.24
- CCC SA (WA:CCCP): -3.13% to 124.00
- Crude oil (March): +2.14% to $61.93/bbl
- Brent (April): +1.85% to $65.97/bbl
- April Gold Futures: +0.07% to $5,125.94/oz
- EUR/PLN: 4.20 (-0.20%)
- USD/PLN: 3.50 (-1.03%)
- US Dollar Index Futures: 96.06 (-0.83%)
This session's moves left the benchmark at record levels, supported by sector-specific gains and paired with commodity and currency fluctuations noted above.