Polish equity markets closed in negative territory on Thursday, with the benchmark WIG30 down 0.39% at the end of trading in Warsaw as weakness in the Oil & Gas, Basic Materials and Energy sectors pushed the index lower.
On the WIG30, the session's top risers and fallers were clearly split. BUDIMEX SA (WA:BDXP) led gains, rising 3.28% - an increase of 22.20 points to finish at 700.00. Jastrzebska Spotka Weglowa SA (WA:JSW) added 2.68% or 0.69 points, closing at 26.45, while Synektik (WA:SNTP) moved up 1.21% or 3.40 points to end the day at 285.40.
At the other end of the index, MODIVO SA (WA:MDVP) posted the steepest decline, falling 4.61% or 3.72 points to close at 77.06. Dino Polska SA (WA:DNP) slipped 2.80% or 0.91 points to settle at 31.57, and Polski Koncern Naftowy ORLEN SA (WA:PKN) declined 2.17% or 3.16 points, finishing at 142.32.
Market breadth at the Warsaw Stock Exchange was tilted toward falling names, with 269 stocks closing lower versus 260 that advanced; 103 issues ended unchanged.
Commodities saw notable moves during the session. Crude oil for July delivery increased 3.33% or 3.27 to trade at $101.53 per barrel. Brent oil for July rose 2.62% or 2.75 to $107.77 per barrel. In contrast, the June Gold Futures contract dropped 1.09% or 49.70, trading at $4,508.30 a troy ounce.
Foreign exchange crosses tied to the zloty moved higher on the day. The euro was up 0.13% against the zloty at 4.25 (EUR/PLN), while the US dollar strengthened 0.47% to 3.67 (USD/PLN). The US Dollar Index Futures also rose, gaining 0.30% to 99.40.
Session takeaway: The WIG30 closed lower on a day when energy- and materials-related names underperformed, while crude benchmarks climbed and gold futures eased. Market breadth showed slightly more decliners than advancers.