Poland shares lower at close of trade; WIG30 down 1.59%

Investing.com – Poland equities were lower at the close on Monday, as losses in the Banking, Food and Information Technology sectors propelled shares lower.

At the close in Warsaw, the WIG30 fell 1.59%.

The biggest gainers of the session on the WIG30 were Grupa KĘTY SA (WA:KTY), which rose 2.68% or 21.00 points to trade at 804.00 at the close. BUDIMEX SA (WA:BDXP) added 2.41% or 14.00 points to end at 595.50 and PGE Polska Grupa Energetyczna SA (WA:PGE) was up 2.08% or 0.15 points to 7.17 in late trade.

Biggest losers included Powszechny Zaklad Ubezpieczen SA (WA:PZU), which lost 7.36% or 3.11 points to trade at 39.15 in late trade. Powszechna Kasa Oszczednosci Bank Polski SA (WA:PKO) declined 2.38% or 1.36 points to end at 55.82 and Bank Polska Kasa Opieki SA (WA:PEO) shed 2.04% or 3.10 points to 148.85.

Declining stocks outnumbered rising ones by 261 to 242 and 107 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.42% or 0.96 to $68.71 a barrel. Meanwhile, Brent oil for delivery in November rose 1.24% or 0.89 to hit $72.50 a barrel, while the December Gold Futures contract fell 0.09% or 2.45 to trade at $2,608.25 a troy ounce.

EUR/PLN was unchanged 0.03% to 4.28, while USD/PLN fell 0.42% to 3.85.

The US Dollar Index Futures was down 0.32% at 100.46.