Poland's main large-cap gauge moved lower at the close of trading on Thursday, with sectoral declines in Chemicals, Construction and Energy cited among the forces pressuring equities.
At the Warsaw market close, the WIG30 fell 0.94%.
Top movers on the WIG30
The leading gains among WIG30 names were posted by Asseco Poland SA (WA:ACPP), which climbed 1.45% or 2.80 points to finish at 196.25. X Trade Brokers Dom Maklerski SA (WA:XTB) advanced 1.27% or 1.30 points to close at 103.38, while KGHM Polska Miedz SA (WA:KGH) ended the session up 0.35% or 1.15 points at 334.00.
Largest decliners
Dino Polska SA (WA:DNP) led losses on the WIG30, dropping 4.70% or 1.53 points to close at 31.02. Enea SA (WA:ENAE) slipped 3.88% or 0.88 points to 21.78, and MODIVO SA (WA:MDVP) fell 3.55% or 2.90 points, finishing the day at 78.86.
Decliners outnumbered advancers on the Warsaw Stock Exchange by 295 to 250, with 111 stocks finishing unchanged.
52-week low alerts
Shares of Dino Polska SA (WA:DNP) declined to 52-week lows, down 4.70% or 1.53 to 31.02. MODIVO SA (WA:MDVP) also reached 52-week lows, retreating 3.55% or 2.90 to 78.86.
Commodities and currencies
Commodities trading registered notable moves: crude oil for June delivery fell 3.41% or 3.24 to $91.84 a barrel. Brent oil for July delivery declined 3.19% or 3.23 to $98.04 a barrel, while the June Gold Futures contract rose 1.27% or 59.71 to trade at $4,754.01 a troy ounce.
In foreign exchange, EUR/PLN was unchanged 0.10% to 4.23, while USD/PLN fell 0.30% to 3.59. The US Dollar Index Futures was down 0.12% at 97.76.
Valuation note
For investors assessing KGHM, a fair-value tool is referenced as a means to evaluate whether the stock presents a bargain, noting the use of multiple valuation approaches to arrive at a bottom-line view.
Summary
The WIG30 closed lower by 0.94% amid sector-specific weakness in Chemicals, Construction and Energy. Market breadth favored declining issues, with Dino Polska and MODIVO falling to 52-week lows. Global commodity prices diverged, with oil down and gold higher, while major currency pairs involving the zloty showed modest movement.