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Poland shares lower at close of trade; WIG30 down 3.53%

Published 2018-02-06, 12:10 p/m
© Reuters.  Poland shares lower at close of trade; WIG30 down 3.53%
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Investing.com – Poland equities were lower at the close on Tuesday, as losses in the Oil & Gas, Chemicals and Banking sectors propelled shares lower.

At the close in Warsaw, the WIG30 lost 3.53% to hit a new 1-month low.

The biggest gainers of the session on the WIG30 were Synthos SA (WA:SNS), which unchanged 0.00% or 0.000 points to trade at 4.890 at the close. OrangePL (WA:OPL) fell 0.68% or 0.04 points to end at 5.88 and KGHM Polska Miedz SA (WA:KGH) was down 0.96% or 1.05 points to 107.98 in late trade.

Biggest losers included Polski Koncern Naftowy ORLEN SA (WA:PKN), which lost 6.37% or 6.65 points to trade at 97.77 in late trade. Grupa Azoty SA (WA:ATTP) declined 5.59% or 3.80 points to end at 64.20 and mBank (WA:MBK) shed 5.49% or 28.00 points to 482.00.

Declining stocks outnumbered rising ones by 494 to 87 and 124 ended unchanged on the Warsaw Stock Exchange.

In commodities trading, Crude oil for March delivery was down 0.42% or 0.27 to $63.88 a barrel. Meanwhile, Brent oil for delivery in April fell 0.70% or 0.47 to hit $67.15 a barrel, while the April Gold Futures contract fell 0.34% or 4.60 to trade at $1331.90 a troy ounce.

EUR/PLN was down 0.02% to 4.1597, while USD/PLN fell 0.22% to 3.3559.

The US Dollar Index Futures was down 0.17% at 89.42.

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