Portugal stocks lower at close of trade; PSI down 0.53%

Investing.com – Portugal stocks were lower after the close on Tuesday, as losses in the Industrials , Telecoms and Financials sectors led shares lower.

At the close in Lisbon, the PSI declined 0.53%.

The best performers of the session on the PSI were Galp Energia Nom (ELI:GALP ), which rose 2.71% or 0.43 points to trade at 16.14 at the close. Meanwhile, Jeronimo Martins SGPS SA (ELI:JMT ) added 1.77% or 0.33 points to end at 18.93 and Ibersol SGPS (ELI:IBS ) was up 1.33% or 0.10 points to 7.60 in late trade.

The worst performers of the session were Mota Engil SGPS SA (ELI:MOTA ), which fell 10.47% or 0.32 points to trade at 2.74 at the close. Banco Comercial Portugues (ELI:BCP ) declined 2.37% or 0.01 points to end at 0.46 and EDP Renovaveis (ELI:EDPR ) was down 1.96% or 0.20 points to 9.76.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 14 to 11 and 4 ended unchanged.

Brent oil for March delivery was up 0.85% or 0.65 to $76.95 a barrel. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.82% or 0.60 to hit $74.16 a barrel, while the February Gold Futures contract rose 0.72% or 18.94 to trade at $2,666.34 a troy ounce.

EUR/USD was unchanged 0.26% to 1.04, while EUR/GBP unchanged 0.02% to 0.83.

The US Dollar Index Futures was up 0.18% at 108.30.

Source: Investing.com