Polish equities ended the trading week lower on Friday, with the blue-chip WIG30 index retreating 1.73% at the close in Warsaw. The session was marked by sector weakness in Energy, Banking and Construction, which weighed on the market broadly.
The roster of WIG30 movers included KGHM Polska Miedz SA (WA:KGH), which was among the better performers, advancing 1.39% or 4.65 points to finish at 338.65. Polski Koncern Naftowy ORLEN SA (WA:PKN) also posted a gain, adding 0.21% or 0.30 points to close at 140.30. Cyfrowy Polsat SA (WA:CPS) registered a small decline of 0.19% or 0.03 points, ending the session at 16.00.
At the other end of the leaderboard, LPP SA (WA:LPPP) suffered the steepest drop, sliding 6.64% or 1,480.00 points to close at 20,820.00. PGE Polska Grupa Energetyczna SA (WA:PGE) fell 3.39% or 0.37 points to end at 10.54, while Benefit Systems SA (WA:BFT) declined 3.33% or 138.00 points to 4,000.00.
Market breadth favored the downside: falling issues outnumbered advancing ones by 328 to 207 on the Warsaw Stock Exchange, and 108 stocks finished unchanged.
Commodity markets recorded gains during the session. Crude oil for June delivery rose 0.70% or 0.66 to $95.47 a barrel. Brent oil for July settlement climbed 1.40% or 1.40 to $101.46 a barrel. Precious metals were also firmer, with the June Gold Futures contract up 0.24% or 11.24 to trade at $4,722.14 a troy ounce.
Currency moves were modest. The euro traded virtually flat against the zloty, with EUR/PLN changing 0.06% to 4.23, while USD/PLN moved lower by 0.38% to 3.59. The US Dollar Index Futures was down 0.17% at 97.78.
Friday's session left the WIG30 notably weaker at the close, reflecting the combined impact of declines across several key sectors. Investors left more names on the losing side of the ledger than on the winning side as the week concluded.
Market snapshot (selected movers):
- KGH: 338.65 (+1.39% / +4.65)
- PKN: 140.30 (+0.21% / +0.30)
- CPS: 16.00 (-0.19% / -0.03)
- LPPP: 20,820.00 (-6.64% / -1,480.00)
- PGE: 10.54 (-3.39% / -0.37)
- BFT: 4,000.00 (-3.33% / -138.00)