Poland's stock market ended the trading session on Friday with a decline, as sector-specific losses pulled the benchmark lower. The WIG30 fell 0.48% to close at a new one-month low.
Market movers
On the WIG30, Jastrzebska Spotka Weglowa SA (WA:JSW) finished as one of the strongest performers, rising 1.78% - an increase of 0.55 points - to close at 31.52. PGE Polska Grupa Energetyczna SA (WA:PGE) added 1.67%, or 0.16 points, to end the session at 9.48. Powszechny Zaklad Ubezpieczen SA (WA:PZU) also recorded gains, advancing 1.62% - up 1.00 point - to finish at 62.74.
The heaviest declines were led by BUDIMEX SA (WA:BDXP), which dropped 4.09% - a fall of 28.00 points - to close at 656.00. Synektik (WA:SNTP) declined 2.60%, or 7.20 points, ending the day at 270.00. Asseco Poland SA (WA:ACPP) lost 2.29%, a decrease of 4.00 points, to settle at 170.70.
Market breadth and sectors
Decliners outnumbered advancers on the Warsaw exchange, with 293 stocks falling compared with 224 advancing, while 117 issues finished unchanged. The session's downward momentum was driven primarily by the Construction, Basic Materials and Oil & Gas sectors.
Commodities and currencies
In commodities trading, crude oil for April delivery rose 1.19%, gaining 1.14 to trade at $96.87 a barrel. Brent oil for May delivery increased 1.21%, up 1.22 to $101.68 a barrel. By contrast, the April Gold Futures contract declined 1.45%, a drop of 74.39, to trade at $5,051.41 a troy ounce.
On the currency front, EUR/PLN was unchanged 0.10% to 4.28, while USD/PLN advanced 0.72% to 3.74. The US Dollar Index Futures moved higher as well, up 0.60% at 100.35.
Outlook
The session closed with losses concentrated among specific sectors and a broader market tilt toward falling issues. Commodity and currency moves accompanied the equity declines, with oil prices higher and gold weaker as the market wrapped the trading day.