Stock Markets April 13, 2026 11:35 AM

Warsaw stocks edged down as materials, energy and banking drag WIG30 lower

WIG30 closes 0.16% lower as mixed movers include record highs for XTB and notable commodity price moves

By Leila Farooq CPS
Warsaw stocks edged down as materials, energy and banking drag WIG30 lower
CPS

Poland's main blue-chip index WIG30 closed down 0.16% on Monday, pressured by losses in Basic Materials, Energy and Banking. X Trade Brokers Dom Maklerski SA led gainers and reached an all-time high, while KGHM and other stocks were among the session's laggards. Commodity markets showed sizable gains for crude and Brent oil and a decline in gold futures. Currency crosses ended mixed with both EUR/PLN and USD/PLN higher.

Key Points

  • WIG30 closed down 0.16%, led lower by losses in Basic Materials, Energy and Banking sectors.
  • Top performers included X Trade Brokers (XTB) which reached all-time highs, Zabka (ZAB) and PKN Orlen (PKN); major laggards included KGHM (KGH), Cyfrowy Polsat (CPS) and Bank Millennium (MILP).
  • Commodities swung sharply: crude oil (May) rose 6.64% to $102.98/bbl, Brent (June) rose 7.03% to $101.89/bbl and June gold futures fell 1.14% to $4,732.80/oz; EUR/PLN and USD/PLN both rose.

Poland's stock market finished lower after trading on Monday, with the WIG30 falling 0.16% at the close in Warsaw as the Basic Materials, Energy and Banking sectors weighed on the benchmark.

Among the blue chips, X Trade Brokers Dom Maklerski SA (WA:XTB) was the session's strongest performer, rising 3.67% or 3.82 points to close at 108.00. The broker's shares also moved to all-time highs during the session, advancing by 3.67% or 3.82 to 108.00.

Zabka Group SA (WA:ZAB) added 3.03% or 0.68 points to finish at 23.10, while Polski Koncern Naftowy ORLEN SA (WA:PKN) gained 2.19% or 2.82 points to end the day at 131.40.

On the down side, KGHM Polska Miedz SA (WA:KGH) led decliners, dropping 2.49% or 7.80 points to 305.40 at the close. Cyfrowy Polsat SA (WA:CPS) slipped 2.23% or 0.26 points to 11.38 and Bank Millennium SA (WA:MILP) fell 2.05% or 0.40 points to 18.86.

Market breadth as reported showed falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 269 to 269 and 123 issues ended unchanged.


Commodities and FX

Commodity markets recorded sizable moves alongside the Warsaw close. Crude oil for May delivery was up 6.64% or 6.41 to $102.98 a barrel, while Brent for June delivery rose 7.03% or 6.69 to $101.89 a barrel. The June Gold Futures contract declined 1.14% or 54.60 to trade at $4,732.80 a troy ounce.

Currency pairs finished mixed: EUR/PLN was up 0.18% at 4.25 and USD/PLN rose 0.24% to 3.63. The US Dollar Index Futures was reported up 0.15% at 98.59.


Overall, the close reflected sector pressure from materials, energy and banking names that offset gains in select blue chips. The session also coincided with notable moves in crude, Brent and gold futures that may have influenced sentiment across energy- and materials-linked equities.

Risks

  • Sector concentration of losses - Basic Materials, Energy and Banking led the decline, posing downside risk for related equities.
  • Volatility in commodity prices - Large moves in crude and Brent oil could transmit to energy and materials companies' earnings and share prices.
  • Currency fluctuations - Moves in EUR/PLN and USD/PLN could affect exporters and import-dependent firms operating in Poland.

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