Summary: The WIG30 fell 0.55% at Thursday's close in Warsaw, with weakness centered in Energy, Construction and Banking stocks. A handful of large-cap issues posted gains, but decliners outnumbered advancers on the exchange.
Market close
At the end of the session in Warsaw, the WIG30 index finished 0.55% lower. The session saw divergent performances among blue chips: some technology and resource names recorded gains, while several financial and utility names moved notably lower.
Top and bottom performers
- Best performers on WIG30: CD PROJEKT SA (WA:CDR) led gains, rising 2.47% (up 6.70 points) to close at 277.70. Jastrzebska Spotka Weglowa SA (WA:JSW) added 1.94% (0.52 points) to finish at 27.27. MODIVO SA (WA:MDVP) increased 1.26% (1.18 points) to end the day at 94.50.
- Worst performers on WIG30: X Trade Brokers Dom Maklerski SA (WA:XTB) was the largest decliner, down 4.18% (4.74 points) to 108.70 at the close. Orange Polska SA (WA:OPL) fell 2.77% (0.40 points) to 13.86, and PGE Polska Grupa Energetyczna SA (WA:PGE) slipped 2.76% (0.31 points) to 10.76.
Market breadth
Declining issues outnumbered advancing ones on the Warsaw Stock Exchange by 295 to 238, while 111 stocks finished unchanged.
Commodities and currency moves
- Crude oil for May delivery rose 2.86% (up $2.61) to $93.90 per barrel.
- Brent oil for June delivery climbed 3.84% (up $3.65) to $98.58 per barrel.
- The June Gold Futures contract edged down by $0.09 (reported as a 0.00% change) to trade at $4,823.51 a troy ounce.
- FX: EUR/PLN increased 0.21% to 4.24, while USD/PLN rose 0.40% to 3.60.
- The US Dollar Index Futures was up 0.20% at 98.05.
Implications
The session reflected targeted selling pressure in certain sectors, notably Energy, Construction and Banking, which contributed to the modest retreat in the WIG30. Despite oil prices moving higher, the market reaction at the close showed more sellers than buyers across the exchange.
Conclusion
Thursday's trading ended with the benchmark index lower and market breadth tilted toward decliners. Select blue chips recorded gains, but broader sector weakness kept the WIG30 in negative territory at the close.