Poland stocks lower at close of trade; WIG30 down 0.78%

Polish stocks closed lower on Tuesday as losses in Basic Materials, Chemicals and Media sectors dragged down the WIG30 index. The index fell 0.78% at the close in Warsaw. Jastrzebska Spotka Weglowa SA led the gains, rising 2.59% to 28.11, while Dino Polska SA and MODIVO SA also performed well, adding 2.49% and 1.74% respectively.

Conversely, KGHM Polska Miedz SA was the worst performer, dropping 3.10% to 334.50. The ratio of falling to advancing stocks was 326 to 200, with 118 ending unchanged. Crude oil for October delivery surged 1.48% to $84.98, while Brent oil for the same month rose 1.23% to $91.99. Gold Futures fell 1.31% to $4,415.10. Exchange rates showed EUR/PLN up 0.39% to 4.33, USD/PLN up 0.37% to 3.74, and the US Dollar Index remained unchanged at 99.53.