Portugal stocks lower at close of trade; PSI down 0.67%

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

At the close in Lisbon, the PSI declined 0.67% to hit a new 1-month low.

The best performers of the session on the PSI were Galp Energia Nom (ELI:GALP ), which rose 1.33% or 0.22 points to trade at 16.77 at the close. Meanwhile, Semapa (ELI:SEM ) added 0.94% or 0.14 points to end at 14.96 and Sonae SGPS SA (ELI:YSO ) was unchanged 0.11% or 0.00 points to 0.93 in late trade.

The worst performers of the session were Ibersol SGPS (ELI:IBS ), which fell 2.75% or 0.20 points to trade at 7.06 at the close. Mota Engil SGPS SA (ELI:MOTA ) declined 2.32% or 0.06 points to end at 2.53 and EDP Renovaveis (ELI:EDPR ) was down 2.22% or 0.31 points to 13.64.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 23 to 5 and 5 ended unchanged.

Brent oil for December delivery was up 1.55% or 1.13 to $74.19 a barrel. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.88% or 1.29 to hit $69.98 a barrel, while the December Gold Futures contract rose 0.21% or 5.70 to trade at $2,735.70 a troy ounce.

EUR/USD was unchanged 0.40% to 1.08, while EUR/GBP unchanged 0.12% to 0.83.

The US Dollar Index Futures was up 0.43% at 103.75.

Source: Investing.com

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