Poland stocks lower at close of trade; WIG30 down 0.31%

Poland stocks were lower after the close on Thursday, as losses in the Oil & Gas, Media and Banking sectors led shares lower.

At the close in Warsaw, the WIG30 fell 0.31%.

The best performers of the session on the WIG30 were Kruk SA (WA:KRU), which rose 7.40% or 21.90 points to trade at 317.90 at the close. Meanwhile, PGE Polska Grupa Energetyczna SA (WA:PGE) added 5.43% or 0.64 points to end at 12.43 and Tauron Polska Energia SA (WA:TPE) was up 3.89% or 0.130 points to 3.470 in late trade.

The worst performers of the session were Jastrzebska Spotka Weglowa SA (WA:JSW), which fell 3.74% or 2.98 points to trade at 76.65 at the close. Polski Koncern Naftowy ORLEN SA (WA:PKN) declined 3.07% or 3.61 points to end at 114.17 and PKP Cargo (WA:PKPP) was down 3.03% or 1.94 points to 62.01.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 266 to 250 and 184 ended unchanged.

Shares in Kruk SA (WA:KRU) rose to all time highs; gaining 7.40% or 21.90 to 317.90. Shares in Tauron Polska Energia SA (WA:TPE) rose to 52-week highs; rising 3.89% or 0.130 to 3.470.

Crude oil for June delivery was up 1.48% or 0.70 to $48.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.49% or 0.75 to hit $50.97 a barrel, while the June Gold Futures contract rose 0.42% or 5.08 to trade at $1223.98 a troy ounce.

EUR/PLN was up 0.18% to 4.2181, while USD/PLN rose 0.13% to 3.8804.

The US Dollar Index Futures was down 0.01% at 99.49.

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