Poland stocks lower at close of trade; WIG30 down 0.17%

Polish stocks declined after trading hours on Monday as losses in Basic Materials, Media and Banking sectors pulled shares down. The WIG30 index closed 0.17% lower in Warsaw. The best performers in the WIG30 session were PGE Polska Grupa Energetyczna with a gain of 4.07% and Jastrzebska Spotka Weglowa and Grupa KĘTY, both up by 1.94% and 1.35% respectively.

Notably, Rainbow Tours took the biggest hit, falling 3.51%. KGHM Polska Miedz and Cyfrowy Polsat also declined by 2.72% and 2.70% respectively. On the Warsaw Stock Exchange, there were more falling stocks than advancing ones - 315 to 225, with 108 finishing unchanged. Oil prices saw an increase, with November crude oil up 3.29% to $95.45 a barrel.

Brent oil for December delivery rose 2.76% to $100.13 per barrel, while December Gold Futures fell 3.84% to $4,155.22 per troy ounce. The European Euro to Polish Zloty rate (EUR/PLN) remained stable at 4.37, while the US Dollar to Polish Zloty (USD/PLN) increased by 0.29% to 3.85. The US Dollar Index Futures also rose by 0.21% to 100.92.