Poland's stock market closed with gains on Monday, with the WIG30 index ending the session up 1.66% in Warsaw. Sector strength in Oil & Gas, Chemicals and Energy underpinned the advance and helped lift several large-cap names.
At the close in Warsaw, the WIG30 added 1.66%.
The session's strongest performers within the WIG30 included MODIVO SA (WA:MDVP), which climbed 5.63% - a rise of 4.40 points - to finish at 82.50. LPP SA (WA:LPPP) also outperformed, gaining 4.11% or 840.00 points to close at 21,300.00. Pepco Group Nv (WA:PCOP) was up 4.05%, an increase of 1.25 points, settling at 32.08 by the close of trading.
On the downside, Enea SA (WA:ENAE) was the weakest on the WIG30, falling 1.56% or 0.32 points to 20.14 at the close. BUDIMEX SA (WA:BDXP) declined 1.10% or 7.40 points to end the session at 666.60. X Trade Brokers Dom Maklerski SA (WA:XTB) slipped 0.68% or 0.72 points to close at 104.70.
Market breadth was mixed. On the Warsaw Stock Exchange, falling issues outnumbered advancing issues by 299 to 271, while 94 stocks finished unchanged.
Commodities trading showed oil prices firming: crude oil for July delivery rose 1.87% or 1.89 to $102.91 a barrel, while Brent oil for July delivery climbed 1.54% or 1.68 to $110.94 a barrel. In precious metals, the June Gold Futures contract eased 0.37% or 17.00 to trade at $4,544.90 a troy ounce.
Foreign exchange moves were small. EUR/PLN was unchanged 0.08% at 4.24, and USD/PLN was unchanged 0.08% at 3.65. The US Dollar Index Futures was reported down 0.20% at 99.01.
The trading day highlighted a group of notable winners and losers within the WIG30 universe, with several consumer-facing and retail-oriented names among the top gainers and some utilities and construction-related stocks among the decliners. Commodity price movements and modest FX changes accompanied the equity moves.
Overall, the market closed with a clear upside in the headline index while individual stock performance remained varied across sectors.