Portugal stocks lower at close of trade; PSI down 1.18%

Investing.com – Portugal stocks were lower after the close on Friday, as losses in the Financials , Basic Materials and Consumer Services sectors led shares lower.

At the close in Lisbon, the PSI fell 1.18%.

The best performers of the session on the PSI were Mota Engil SGPS SA (ELI:MOTA ), which rose 5.38% or 0.13 points to trade at 2.62 at the close. Meanwhile, EDP Renovaveis (ELI:EDPR ) added 0.39% or 0.04 points to end at 10.17 and Ibersol SGPS (ELI:IBS ) was up 0.27% or 0.02 points to 7.50 in late trade.

The worst performers of the session were Banco Comercial Portugues (ELI:BCP ), which fell 2.96% or 0.01 points to trade at 0.44 at the close. Galp Energia Nom (ELI:GALP ) declined 1.92% or 0.32 points to end at 16.39 and Semapa (ELI:SEM ) was down 1.86% or 0.26 points to 13.74.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 17 to 8 and 4 ended unchanged.

Brent oil for February delivery was down 1.10% or 0.79 to $71.30 a barrel. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.29% or 0.88 to hit $67.42 a barrel, while the February Gold Futures contract rose 0.48% or 12.79 to trade at $2,661.19 a troy ounce.

EUR/USD was unchanged 0.26% to 1.06, while EUR/GBP unchanged 0.08% to 0.83.

The US Dollar Index Futures was up 0.28% at 106.00.

Source: Investing.com