Portugal stocks lower at close of trade; PSI down 0.05%

Investing.com – Portugal stocks were lower after the close on Thursday, as losses in the Utilities , Telecoms and Basic Materials sectors led shares lower.

At the close in Lisbon, the PSI lost 0.05% to hit a new 6-months low.

The best performers of the session on the PSI were CTT Correios de Portugal SA (ELI:CTT ), which rose 10.59% or 0.50 points to trade at 5.17 at the close. Meanwhile, Altri SGPS SA (ELI:ALSS ) added 0.78% or 0.04 points to end at 5.16 and Jeronimo Martins SGPS SA (ELI:JMT ) was up 0.27% or 0.05 points to 18.24 in late trade.

The worst performers of the session were EDP Renovaveis (ELI:EDPR ), which fell 1.78% or 0.18 points to trade at 9.65 at the close. EDP Energias de Portugal SA (ELI:EDP ) declined 1.30% or 0.04 points to end at 3.12 and Mota Engil SGPS SA (ELI:MOTA ) was down 1.29% or 0.04 points to 2.75.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 17 to 13 and 1 ended unchanged.

Shares in CTT Correios de Portugal SA (ELI:CTT ) rose to 3-years highs; rising 10.59% or 0.50 to 5.17. Shares in EDP Renovaveis (ELI:EDPR ) fell to 3-years lows; losing 1.78% or 0.18 to 9.65. Shares in EDP Energias de Portugal SA (ELI:EDP ) fell to 3-years lows; losing 1.30% or 0.04 to 3.12.

Brent oil for February delivery was down 0.80% or 0.59 to $72.80 a barrel. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.67% or 1.18 to hit $69.40 a barrel, while the February Gold Futures contract fell 1.69% or 44.91 to trade at $2,608.39 a troy ounce.

EUR/USD was unchanged 0.15% to 1.04, while EUR/GBP unchanged 0.50% to 0.83.

The US Dollar Index Futures was up 0.32% at 108.09.

Source: Investing.com