Portugal stocks lower at close of trade; PSI down 0.11%

Investing.com – Portugal stocks were lower after the close on Friday, as losses in the Utilities , Technology and Consumer Goods sectors led shares lower.

At the close in Lisbon, the PSI lost 0.11%.

The best performers of the session on the PSI were Mota Engil SGPS SA (ELI:MOTA ), which rose 1.51% or 0.04 points to trade at 2.82 at the close. Meanwhile, Banco Comercial Portugues (ELI:BCP ) added 1.16% or 0.01 points to end at 0.45 and CTT Correios de Portugal SA (ELI:CTT ) was up 0.99% or 0.05 points to 4.59 in late trade.

The worst performers of the session were EDP Renovaveis (ELI:EDPR ), which fell 2.82% or 0.28 points to trade at 9.81 at the close. EDP Energias de Portugal SA (ELI:EDP ) declined 1.92% or 0.06 points to end at 3.17 and Corticeira Amorim (ELI:CORA ) was down 0.73% or 0.06 points to 8.18.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 13 to 11 and 6 ended unchanged.

Shares in EDP Renovaveis (ELI:EDPR ) fell to 3-years lows; falling 2.82% or 0.28 to 9.81. Shares in EDP Energias de Portugal SA (ELI:EDP ) fell to 3-years lows; down 1.92% or 0.06 to 3.17.

Brent oil for February delivery was up 1.31% or 0.96 to $74.37 a barrel. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.59% or 1.11 to hit $71.13 a barrel, while the February Gold Futures contract fell 1.09% or 29.41 to trade at $2,679.99 a troy ounce.

EUR/USD was unchanged 0.26% to 1.05, while EUR/GBP rose 0.64% to 0.83.

The US Dollar Index Futures was up 0.05% at 106.70.

Source: Investing.com