Polish equities closed in negative territory on Tuesday, with the WIG30 finishing the session down 0.59% in Warsaw. Sector-level weakness in Information Technology, Developers and Banking contributed to the broader decline.
Top and bottom performers
- KGHM Polska Miedz SA (WA:KGH) was the best performer on the WIG30, advancing 1.96% or 6.20 points to finish at 321.90.
- Grupa KĘTY SA (WA:KTY) added 1.13% or 12.00 points, closing the session at 1,077.00.
- LPP SA (WA:LPPP) rose 0.94% or 190.00 points to end at 20,500.00.
- MODIVO SA (WA:MDVP) posted the largest decline on the WIG30, falling 5.24% or 6.30 points to close at 114.00.
- Powszechny Zaklad Ubezpieczen SA (WA:PZU) slipped 2.26% or 1.58 points to 68.44 at the close.
- Asseco Poland SA (WA:ACPP) declined 2.24% or 4.00 points to finish at 174.30.
Market breadth and wider moves
On the Warsaw Stock Exchange, falling issues outnumbered advancing ones by 353 to 163, while 121 stocks finished unchanged.
Commodities
Crude oil for April delivery was down 0.35% or 0.23 to $66.08 a barrel. Brent oil for May delivery fell 0.24% or 0.17 to $70.94 a barrel. The April Gold Futures contract dropped 1.35% or 70.61 to trade at $5,154.99 a troy ounce.
Foreign exchange and USD index
FX moves were modest: EUR/PLN was unchanged 0.03% at 4.22, and USD/PLN was unchanged 0.01% at 3.58. The US Dollar Index Futures was up 0.09% at 97.72.
Overall, the close reflected a session in which sector-specific declines in Information Technology, Developers and Banking weighed on the main index, while select large-cap names posted gains. Commodity prices and major zloty crosses registered only small moves during the same period.