Poland stocks higher at close of trade; WIG30 up 0.72%

Poland stocks were higher after the close on Wednesday, as gains in the Food, Chemicals and Banking sectors led shares higher.

At the close in Warsaw, the WIG30 gained 0.72% to hit a new 52-week high.

The best performers of the session on the WIG30 were Kernel Holding SA (WA:KER), which rose 6.34% or 4.09 points to trade at 68.60 at the close. Meanwhile, Grupa Azoty SA (WA:ATTP) added 5.97% or 4.11 points to end at 73.00 and KGHM Polska Miedz SA (WA:KGH) was up 5.34% or 5.34 points to 105.30 in late trade.

The worst performers of the session were Polski Koncern Naftowy ORLEN SA (WA:PKN), which fell 3.55% or 3.14 points to trade at 85.34 at the close. Gornictwo Naftowe i Gazownictwo SA (WA:PGN) declined 1.91% or 0.11 points to end at 5.66 and Energa SA (WA:ENGP) was down 1.63% or 0.15 points to 9.08.

Rising stocks outnumbered declining ones on the Warsaw Stock Exchange by 275 to 272 and 181 ended unchanged.

Shares in Kernel Holding SA (WA:KER) rose to 3-years highs; rising 6.34% or 4.09 to 68.60. Shares in KGHM Polska Miedz SA (WA:KGH) rose to 52-week highs; rising 5.34% or 5.34 to 105.30.

Crude oil for February delivery was up 2.85% or 1.45 to $52.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.85% or 1.53 to hit $55.17 a barrel, while the February Gold contract fell 0.27% or 3.25 to trade at $1182.25 a troy ounce.

EUR/PLN was down 0.08% to 4.3701, while USD/PLN rose 0.51% to 4.1650.

The US Dollar Index was up 0.50% at 102.52.

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Stock Market 11/01/2017 - 05:10