Poland’s WIG30 Index Declines 0.58% at Market Close

On August 28, 2024, Poland’s stock market closed down, with the WIG30 index falling by 0.58% due to losses in Basic Materials, Energy, and Oil & Gas sectors. Notable gainers included Alior Bank SA, up 2.19%, and seco SA, which surged 140% to reach a 52-week high. Conversely, Eurocash SA plummeted 5.67% to a 52-week low. Overall, declining stocks outnumbered advancers at the Warsaw Stock Exchange, with 276 declines versus 220 advances. In commodities, crude oil and gold prices fell slightly. The currency market saw the EUR/PLN and USD/PLN remain stable, while the US Dollar Index rose by 0.41%.

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