Portugal stocks higher at close of trade; PSI up 0.61%

Investing.com – Portugal stocks were higher after the close on Friday, as gains in the Consumer Services , Utilities and Financials sectors led shares higher.

At the close in Lisbon, the PSI gained 0.61%.

The best performers of the session on the PSI were EDP Energias de Portugal SA (ELI:EDP ), which rose 3.39% or 0.11 points to trade at 3.41 at the close. Meanwhile, Jeronimo Martins SGPS SA (ELI:JMT ) added 2.69% or 0.49 points to end at 18.68 and CTT Correios de Portugal SA (ELI:CTT ) was up 1.52% or 0.07 points to 4.34 in late trade.

The worst performers of the session were EDP Renovaveis (ELI:EDPR ), which fell 1.01% or 0.11 points to trade at 10.83 at the close. Galp Energia Nom (ELI:GALP ) declined 1.00% or 0.16 points to end at 15.79 and Mota Engil SGPS SA (ELI:MOTA ) was down 0.55% or 0.01 points to 2.55.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 16 to 10 and 7 ended unchanged.

Shares in EDP Renovaveis (ELI:EDPR ) fell to 3-years lows; losing 1.01% or 0.11 to 10.83.

Brent oil for January delivery was down 2.55% or 1.93 to $73.70 a barrel. Elsewhere in commodities trading, Crude oil for delivery in December fell 2.93% or 2.12 to hit $70.24 a barrel, while the December Gold Futures contract fell 0.45% or 12.10 to trade at $2,693.70 a troy ounce.

EUR/USD was down 0.97% to 1.07, while EUR/GBP unchanged 0.25% to 0.83.

The US Dollar Index Futures was up 0.62% at 105.02.

Source: Investing.com

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