Poland's equity market finished the trading day in positive territory on Thursday, with the WIG30 benchmark rising 0.91% to register a fresh one-month high. Broad strength in the Energy, Oil & Gas and Media sectors supported the advance across Warsaw.
The session's largest gains on the WIG30 were posted by Enea SA (WA:ENAE), which climbed 4.62% or 1.16 points to close at 26.28. PGE Polska Grupa Energetyczna SA (WA:PGE) added 4.46% or 0.48 points, finishing at 11.13, and Tauron Polska Energia SA (WA:TPE) rose 4.30% or 0.44 points to end at 10.80.
On the downside, Rainbow Tours SA (WA:RBW) was the weakest name on the index, slipping 1.78% or 2.40 points to 132.10 at the close. MODIVO SA (WA:MDVP) declined 1.38% or 1.28 points to 91.60, while KGHM Polska Miedz SA (WA:KGH) fell 1.08% or 3.10 points to 284.50 in late trade.
At the market level, falling issues outnumbered advancers on the Warsaw Stock Exchange by 265 to 254, with 117 shares ending unchanged.
Shares in Enea SA (WA:ENAE) rose to all time highs during the session, gaining 4.62% or 1.16 to close at 26.28.
Commodity markets saw sizable moves on the day. Crude oil for May delivery climbed 10.76% or 10.77 to $110.89 a barrel. Brent crude for June delivery rose 6.17% or 6.24 to $107.40 a barrel. Precious metals moved in the opposite direction, with the June Gold Futures contract falling 2.44% or 117.38 to trade at $4,695.72 a troy ounce.
Currency pairs tied to the zloty showed modest movements: EUR/PLN was down 0.14% to 4.27, while USD/PLN rose 0.19% to 3.70. The US Dollar Index Futures was up 0.27% at 99.73.
Market commentary and promotional material included with session reports noted performance statistics for model portfolios. Year to date, 2 out of 3 global portfolios were reported to be beating their benchmark indexes, with 88% of portfolios in the green. A referenced Tech Titans strategy was described as having doubled the S&P 500 within 18 months, with named winners including Super Micro Computer (+185%) and AppLovin (+157%).