Poland stocks higher at close of trade; WIG30 up 2.21%
Polish stocks experienced a rise at the close of trade on Monday, buoyed by strong performances in the Banking, Energy, and Media sectors. The WIG30 index, which closed at a new all-time high, gained 2.21%. mBank SA led the gains with an 8.32% increase, soaring to 1,516.00, while Cyfrowy Polsat SA and Alior Bank SA followed with 6.60% and 6.56% increases respectively.
In contrast, X Trade Brokers Dom Maklerski SA fell 1.17%, and Jastrzebska Spotka Weglowa SA and Allegro dipped by 0.88% and 0.74% respectively. The number of rising stocks outnumbered the declining ones on the Warsaw Stock Exchange by 296 to 263, with 111 ending unchanged. Crude oil and Brent oil prices declined, while gold futures also saw a drop.
The EUR/PLN and USD/PLN exchange rates experienced minor decreases, and the US Dollar Index Futures saw a slight rise.
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