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Poland stocks higher at close of trade; WIG30 up 0.85%

Poland stocks higher at close of trade; WIG30 up 0.85%

Poland's stock market continued its upward trend on Monday evening, with the WIG30 index gaining 0.85% at the close in Warsaw. The Basic Materials, Banking, and Construction sectors contributed to the market's growth. Bank Millennium SA (WA:MILP) led the gains, surging 4.48% or 0.96 points to trade at 22.37 at the close. Modivo Sa (WA:MDVP) and X Trade Brokers Dom Maklerski SA (WA:XTB) also recorded strong gains, with the latter up 3.20% or 4.38 points to 141.38.

Conversely, the worst performers of the session were Dino Polska SA (WA:DNP), which dropped 1.46% or 0.58 points to 39.07, Tauron Polska Energia SA (WA:TPE) down 1.27% or 0.12 points to 9.30, and PGE Polska Grupa Energetyczna SA (WA:PGE) declining 1.20% or 0.20 points to 16.52. The number of stocks that rose outnumbered those that fell on the Warsaw Stock Exchange, with 283 stocks increasing and 257 declining.

A total of 105 stocks finished unchanged. Crude oil prices for December delivery slipped 0.25% or 0.26 to $103.01 a barrel, while Brent oil for January delivery rose 0.38% or 0.42 to $112.12 a barrel. Gold Futures for December climbed 0.60% or 24.15 to $4,032.05 a troy ounce. Currency markets saw the EUR/PLN pair up 0.12% to 4.40, and USD/PLN increase 0.31% to 3.94. The US Dollar Index Futures edged up 0.17% to 101.82.

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