Portugal stocks higher at close of trade; PSI up 0.29%

Investing.com – Portugal stocks were higher after the close on Monday, as gains in the Consumer Services , Basic Materials and Telecoms sectors led shares higher.

At the close in Lisbon, the PSI gained 0.29%.

The best performers of the session on the PSI were Galp Energia Nom (ELI:GALP ), which rose 2.01% or 0.33 points to trade at 16.72 at the close. Meanwhile, Mota Engil SGPS SA (ELI:MOTA ) added 1.45% or 0.04 points to end at 2.66 and Jeronimo Martins SGPS SA (ELI:JMT ) was up 1.19% or 0.22 points to 18.67 in late trade.

The worst performers of the session were EDP Energias de Portugal SA (ELI:EDP ), which fell 1.41% or 0.05 points to trade at 3.22 at the close. CTT Correios de Portugal SA (ELI:CTT ) declined 1.19% or 0.06 points to end at 4.55 and Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE ) was down 1.05% or 0.03 points to 2.36.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 12 to 11 and 5 ended unchanged.

Shares in EDP Energias de Portugal SA (ELI:EDP ) fell to 3-years lows; down 1.41% or 0.05 to 3.22.

Brent oil for February delivery was up 1.63% or 1.16 to $72.28 a barrel. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.89% or 1.27 to hit $68.47 a barrel, while the February Gold Futures contract rose 1.15% or 30.51 to trade at $2,690.11 a troy ounce.

EUR/USD was unchanged 0.01% to 1.06, while EUR/GBP unchanged 0.24% to 0.83.

The US Dollar Index Futures was down 0.05% at 105.68.

Source: Investing.com