Portugal stocks lower at close of trade; PSI down 0.96%

Investing.com – Portugal stocks were lower after the close on Wednesday, as losses in the Utilities , Consumer Services and Financials sectors led shares lower.

At the close in Lisbon, the PSI declined 0.96%.

The best performers of the session on the PSI were Ibersol SGPS (ELI:IBS ), which rose 4.55% or 0.38 points to trade at 8.74 at the close. Meanwhile, Altri SGPS SA (ELI:ALSS ) added 4.50% or 0.25 points to end at 5.69 and Corticeira Amorim (ELI:CORA ) was up 3.00% or 0.24 points to 8.25 in late trade.

The worst performers of the session were EDP Renovaveis (ELI:EDPR ), which fell 4.81% or 0.45 points to trade at 8.82 at the close. EDP Energias de Portugal SA (ELI:EDP ) declined 3.55% or 0.11 points to end at 2.96 and Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE ) was down 1.07% or 0.03 points to 2.32.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 16 to 11 and 5 ended unchanged.

Shares in Ibersol SGPS (ELI:IBS ) rose to 5-year highs; gaining 4.55% or 0.38 to 8.74. Shares in EDP Renovaveis (ELI:EDPR ) fell to 3-years lows; losing 4.81% or 0.45 to 8.82. Shares in Altri SGPS SA (ELI:ALSS ) rose to all time highs; up 4.50% or 0.25 to 5.69. Shares in EDP Energias de Portugal SA (ELI:EDP ) fell to 5-year lows; losing 3.55% or 0.11 to 2.96.

Brent oil for March delivery was down 0.03% or 0.02 to $79.27 a barrel. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.07% or 0.05 to hit $75.78 a barrel, while the February Gold Futures contract rose 0.37% or 10.11 to trade at $2,769.31 a troy ounce.

EUR/USD was unchanged 0.10% to 1.04, while EUR/GBP unchanged 0.18% to 0.85.

The US Dollar Index Futures was up 0.15% at 108.03.

Source: Investing.com