Poland's equity market ended Thursday in the red, with the benchmark WIG30 index closing down 2.37% in Warsaw. The session saw notable weakness concentrated in Basic Materials, Oil & Gas and Banking stocks, which pushed the overall index lower.
Among the WIG30 constituents, LPP SA (WA:LPPP) was the top performer, finishing up 0.98% or 200.00 points at 20,520.00. Pepco Group Nv (WA:PCOP) gained 0.36% or 0.10 points to close at 27.87, and CCC SA (WA:CCCP) ended the day 0.14% or 0.15 points higher at 111.20.
The steepest declines were recorded by KGHM Polska Miedz SA (WA:KGH), which fell 7.10% or 23.70 points to 310.20 at the close. Jastrzebska Spotka Weglowa SA (WA:JSW) dropped 6.55% or 1.73 points to 24.70, and Powszechna Kasa Oszczednosci Bank Polski SA (WA:PKO) slipped 3.29% or 3.16 points to finish at 92.94.
Market breadth was negative, with falling issues outnumbering advancers by 406 to 146, while 93 stocks ended unchanged on the Warsaw Stock Exchange.
Commodities moved lower during the session. Crude oil for March delivery declined 2.98% or 1.94 to $63.20 a barrel. Brent oil for April delivery fell 2.89% or 2.01 to $67.45 a barrel. The April Gold Futures contract registered a 1.61% decrease, down 79.59 to trade at $4,871.21 a troy ounce.
Currency pairs involving the zloty reflected modest moves. The euro was up 0.14% against the zloty at 4.22 EUR/PLN, while the dollar strengthened 0.26% versus the zloty to 3.58 USD/PLN. The US Dollar Index Futures was higher by 0.23% at 97.71.
This session's data highlights a broad retreat across several resource and financial names, with only a handful of retail and consumer names posting gains. Trading activity showed a clear skew toward decliners, and commodity prices moved lower alongside the equity weakness. The information above is a snapshot of market levels and individual stock performances at the close in Warsaw on Thursday.