Poland stocks higher at close of trade; WIG30 up 1.11%
Polish stocks experienced a surge after the market closed on Friday, with the Warsaw Stock Exchange's WIG30 index rising 1.11% to set a new all-time high. The Media, Construction, and Information Technology sectors saw the biggest gains, propelling shares higher throughout the session. X Trade Brokers Dom Maklerski SA led the pack, soaring 5.51% or 7.72 points to close at 147.82.
Cyfrowy Polsat SA and Pepco Group NV also outperformed, climbing 5.38% and 5.10% respectively, reaching all-time highs at 18.30 and 48.00. On the flip side, PGE Polska Grupa Energetyczna SA suffered the steepest drop, losing 4.43% or 0.77 points to close at 16.50. Tauron Polska Energia SA and Enea SA followed suit, slipping 4.00% and 1.80% respectively.
The number of rising stocks surpassed declining ones, with 315 outperforming 227, and 101 ending unchanged. Shares in Cyfrowy Polsat and Pepco Group reached their 52-week and 3-year highs, respectively. Crude oil prices for November delivery dipped slightly, while Brent oil for December delivery and gold futures both saw modest gains. Currency pairs EUR/PLN and USD/PLN remained stable, while the US Dollar Index Futures declined.
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