Poland’s benchmark WIG30 index ended 0.31% higher on Tuesday, as gains in energy, basic materials and construction shares offset declines in technology and oil-linked equities.
The Warsaw exchange recorded a slight majority of advancers over decliners, with 276 stocks rising against 259 falling and 110 unchanged. The WIG30’s advance was supported by strength in coal producer Jastrzebska Spolka Weglowa SA, which climbed 4.30% to 31.50 zloty, and utility PGE Polska Grupa Energetyczna SA, which added 3.23% to 10.54 zloty.
Retailer Dino Polska SA also contributed to the index’s gains, rising 3.22% to 36.18 zloty. Among the laggards, video game developer CD PROJEKT SA fell 5.56% to 242.90 zloty, while oil refiner Polski Koncern Naftowy ORLEN SA declined 0.96% to 152.52 zloty and insurer PZU SA dropped 0.77% to 72.16 zloty.
Commodity markets showed mixed performance, with Brent crude oil for November delivery down 3.51% at $87.36 a barrel and U.S. crude for October delivery falling 3.38% to $82.14 a barrel. Gold futures for December delivery, however, edged up 0.15% to $4,705.05 per troy ounce.
Foreign exchange movements were subdued, with the euro steady against the Polish zloty at 4.30 and the U.S. dollar up 0.10% to 3.68. The U.S. Dollar Index futures slipped 0.06% to 98.87.
