Poland's equity market closed in negative territory on Monday as losses in the Basic Materials, Construction and Oil & Gas sectors pressured the main benchmark. At the Warsaw close the WIG30 fell 0.80%.
Within the WIG30, Pepco Group Nv (WA:PCOP) led the gainers, rising 2.76% - an increase of 0.88 points - to finish at 32.78. Benefit Systems SA (WA:BFT) followed, adding 2.37% or 90.00 points to end the session at 3,884.00. Alior Bank SA (WA:ALRR) also moved higher, up 0.96% or 1.15 points to close at 120.95.
At the other end of the index, MODIVO SA (WA:MDVP) posted the steepest decline, sliding 6.15% or 5.26 points to close at 80.26. Jastrzebska Spotka Weglowa SA (WA:JSW) fell 2.61% or 0.72 points to 26.90, while BUDIMEX SA (WA:BDXP) dropped 2.36% or 16.60 points to finish at 687.60.
Market breadth showed more decliners than advancers on the day: 287 stocks fell versus 250 that gained, and 113 issues finished unchanged.
Two notable extremes were recorded during the session. Pepco Group Nv (WA:PCOP) advanced to a 52-week high, rising 2.76% or 0.88 to reach 32.78. Conversely, shares of MODIVO SA (WA:MDVP) retreated to a 52-week low, declining 6.15% or 5.26 to 80.26.
Commodities and foreign exchange moves accompanied the market action. Crude oil for June delivery rose 2.86% or 2.70 to trade at $97.10 a barrel. Brent oil for July delivery climbed 2.98% or 2.95 to $102.08 a barrel. In precious metals, the June Gold Futures contract fell 1.00% or 47.60 to trade at $4,693.30 a troy ounce.
Currency markets showed modest zloty weakness. EUR/PLN was up 0.33% at 4.25, while USD/PLN rose 0.16% to 3.62. The US Dollar Index Futures was down 0.15% at 98.21.
Overall, the session concluded with the WIG30 lower by 0.80% as sector-specific declines in Basic Materials, Construction and Oil & Gas offset gains elsewhere in the index.