Poland stocks lower at close of trade; WIG30 down 0.20%

Polish stocks closed lower on Tuesday as losses in the Food, Oil & Gas, and Chemicals sectors dragged down the market. The WIG30 index fell 0.20% at the close in Warsaw. Modivo SA emerged as the top gainer on the WIG30, rising 5.36% or 4.98 points to 97.88. Enea SA and PGE Polska Grupa Energetyczna SA also posted gains of 4.14% and 3.77% respectively.

However, X Trade Brokers Dom Maklerski SA suffered the biggest losses, falling 2.77% or 3.92 points to 137.56. The Warsaw Stock Exchange saw 336 stocks decline, 202 rise, and 96 remain unchanged. In commodities trading, December crude oil prices dropped 0.93% to $97.62 a barrel, while Brent oil fell 0.99% to $108.47 a barrel. December gold futures also declined 0.20% to $4,151.92 per troy ounce.

The EUR/PLN exchange rate stayed unchanged at 4.37, while USD/PLN fell 0.18% to 3.89. The US Dollar Index Futures index also slipped 0.23% to 101.56.