Poland's equity benchmark finished marginally lower on Thursday, with the WIG30 ending the session down 0.08% in Warsaw as sector-level weakness weighed on the market.
Losses in the Basic Materials, Oil & Gas and Information Technology sectors were the primary contributors to the market's decline. Market breadth showed a greater number of decliners than advancers on the day: 319 stocks fell, 226 rose and 92 finished unchanged on the Warsaw Stock Exchange.
Top performers
On the WIG30, LPP SA (WA:LPPP) was the standout winner, jumping 12.69% or 2,525.00 points to close at 22,430.00. The stock reached an all-time high in the session, recording the same 12.69% increase to 22,430.00.
Pepco Group Nv (WA:PCOP) also posted gains, adding 3.32% or 0.86 points to finish at 26.73. Benefit Systems SA (WA:BFT) rose 1.91% or 65.00 points, ending the day at 3,475.00.
Biggest decliners
On the downside, KGHM Polska Miedz SA (WA:KGH) led losses among WIG30 names, dropping 4.58% or 12.50 points to close at 260.20. Kruk SA (WA:KRU) declined 3.01% or 13.50 points to end at 435.50. Jastrzebska Spotka Weglowa SA (WA:JSW) fell 2.35% or 0.75 points to 31.12.
Commodities and currencies
Commodity markets saw notable moves that accompanied the equity action. Crude oil for May delivery rose 5.25% or 4.74 to $95.06 a barrel, while Brent oil for June delivery climbed 5.28% or 5.14 to $102.40 a barrel. Precious metals moved in the opposite direction, with the June Gold Futures contract falling 3.59% or 164.49 to trade at $4,421.01 a troy ounce.
Foreign exchange rates were relatively muted. The euro traded against the zloty at 4.28, essentially unchanged - up 0.05%. The dollar was slightly firmer versus the zloty, with USD/PLN rising 0.25% to 3.71. The US Dollar Index Futures was up 0.29% at 99.69.
Overall, the session combined sector-led equity weakness with pronounced commodity price moves, as winners and losers in the WIG30 reflected both individual stock momentum and broader market dynamics.