Poland stocks lower at close of trade; WIG30 down 0.59%

Poland stocks were lower after the close on Friday, as losses in the Media, Banking and Chemicals sectors led shares lower.

At the close in Warsaw, the WIG30 declined 0.59%.

The best performers of the session on the WIG30 were Polski Koncern Naftowy ORLEN SA (WA:PKN), which rose 2.53% or 3.86 points to trade at 156.34 at the close. Meanwhile, Cyfrowy Polsat SA (WA:CPS) added 1.64% or 0.28 points to end at 17.70 and Benefit Systems SA (WA:BFT) was up 1.27% or 75.00 points to 5,975.00 in late trade.

The worst performers of the session were Bank Millennium SA (WA:MILP), which fell 2.68% or 0.59 points to trade at 21.41 at the close. Powszechna Kasa Oszczednosci Bank Polski SA (WA:PKO) declined 2.54% or 2.86 points to end at 109.54 and Tauron Polska Energia SA (WA:TPE) was down 2.48% or 0.24 points to 9.42.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 321 to 239 and 98 ended unchanged.

Shares in Benefit Systems SA (WA:BFT) rose to all time highs; rising 1.27% or 75.00 to 5,975.00.

Crude oil for December delivery was up 3.11% or 3.09 to $102.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 3.06% or 3.46 to hit $116.63 a barrel, while the December Gold Futures contract fell 1.23% or 49.80 to trade at $4,010.60 a troy ounce.

EUR/PLN was up 0.66% to 4.40, while USD/PLN rose 0.82% to 3.93.

The US Dollar Index Futures was up 0.17% at 101.62.