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Poland stocks higher at close of trade; WIG30 up 0.49%

Poland stocks higher at close of trade; WIG30 up 0.49%

Polish stocks rose after the market closed on Tuesday, as gains in the Energy, Construction, and Media sectors propelled the market higher. The Warsaw Stock Exchange's WIG30 index ended the day up 0.49%, setting a new all-time high. Orange Polska SA led the gains, surging 3.80% or 0.57 points to 15.72 at the close. Grupa KĘTY SA and PGE Polska Grupa Energetyczna SA also outperformed, each climbing 3.37% and 2.98% respectively.

Conversely, Synektik, LPP SA, and KGHM Polska Miedz SA were among the weakest performers, with declines of 2.08%, 1.56%, and 1.44% respectively. On the exchange, 304 stocks advanced while 236 fell, and 125 remained unchanged. PGE's stock hit a 5-year high at 17.29. Crude oil prices rose 0.43% to $94.14 per barrel, while Brent oil fell 0.54% to $106.07.

Gold futures dipped 0.13% to $4,185.20 per troy ounce. Currency markets saw the EUR/PLN pair down 0.22% to 4.37, and the USD/PLN pair decline 0.56% to 3.91. The US Dollar Index Futures also slipped 0.32% to 102.05.

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