Poland shares lower at close of trade; WIG30 down 1.73%

Investing.com – Poland equities were lower at the close on Wednesday, as losses in the Banking, Construction and Energy sectors propelled shares lower.

At the close in Warsaw, the WIG30 fell 1.73% to hit a new 1-month low.

The biggest gainers of the session on the WIG30 were CD PROJEKT SA (WA:CDR), which rose 1.54% or 2.50 points to trade at 164.70 at the close. Benefit Systems SA (WA:BFT) added 1.01% or 25.00 points to end at 2,500.00 and Jastrzebska Spotka Weglowa SA (WA:JSW) was up 0.55% or 0.12 points to 22.13 in late trade.

Biggest losers included Santander Bank Polska SA (WA:SPL1), which lost 8.55% or 43.00 points to trade at 459.80 in late trade. Powszechna Kasa Oszczednosci Bank Polski SA (WA:PKO) declined 4.52% or 2.56 points to end at 54.02 and Alior Bank SA (WA:ALRR) shed 4.11% or 3.82 points to 89.20.

Declining stocks outnumbered rising ones by 338 to 168 and 104 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for October delivery was up 2.21% or 1.45 to $67.20 a barrel. Meanwhile, Brent oil for delivery in November rose 1.75% or 1.21 to hit $70.40 a barrel, while the December Gold Futures contract fell 0.03% or 0.85 to trade at $2,542.25 a troy ounce.

EUR/PLN was up 0.35% to 4.29, while USD/PLN rose 0.41% to 3.90.

The US Dollar Index Futures was up 0.05% at 101.65.