Portugal stocks higher at close of trade; PSI up 1.29%

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

At the close in Lisbon, the PSI gained 1.29% to hit a new 1-month high.

The best performers of the session on the PSI were Mota Engil SGPS SA (ELI:MOTA ), which rose 3.07% or 0.08 points to trade at 2.82 at the close. Meanwhile, Galp Energia Nom (ELI:GALP ) added 2.93% or 0.49 points to end at 17.04 and EDP Renovaveis (ELI:EDPR ) was up 2.46% or 0.23 points to 9.39 in late trade.

The worst performers of the session were Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE ), which rose 0.22% or 0.01 points to trade at 2.32 at the close. Sonae SGPS SA (ELI:YSO ) unchanged 0.22% or 0.00 points to end at 0.90 and CTT Correios de Portugal SA (ELI:CTT ) was up 0.38% or 0.02 points to 5.30.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 22 to 5 and 4 ended unchanged.

Brent oil for March delivery was up 1.84% or 1.47 to $81.39 a barrel. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.27% or 1.73 to hit $78.10 a barrel, while the February Gold Futures contract rose 1.21% or 32.51 to trade at $2,714.81 a troy ounce.

EUR/USD was unchanged 0.20% to 1.03, while EUR/GBP unchanged 0.18% to 0.84.

The US Dollar Index Futures was down 0.10% at 109.00.

Source: Investing.com