Portugal stocks lower at close of trade; PSI down 0.58%

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

At the close in Lisbon, the PSI declined 0.58%.

The best performers of the session on the PSI were Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE ), which rose 0.63% or 0.02 points to trade at 2.41 at the close. Meanwhile, Galp Energia Nom (ELI:GALP ) added 0.58% or 0.10 points to end at 17.20 and Ibersol SGPS (ELI:IBS ) was up 0.55% or 0.04 points to 7.30 in late trade.

The worst performers of the session were EDP Renovaveis (ELI:EDPR ), which fell 2.51% or 0.36 points to trade at 13.96 at the close. The Navigator Company SA (ELI:NVGR ) declined 1.26% or 0.05 points to end at 3.77 and Jeronimo Martins SGPS SA (ELI:JMT ) was down 1.15% or 0.20 points to 17.23.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 15 to 10 and 7 ended unchanged.

Brent oil for December delivery was down 2.19% or 1.73 to $77.31 a barrel. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.34% or 1.77 to hit $73.79 a barrel, while the December Gold Futures contract fell 0.47% or 12.60 to trade at $2,663.70 a troy ounce.

EUR/USD was unchanged 0.29% to 1.09, while EUR/GBP unchanged 0.11% to 0.84.

The US Dollar Index Futures was up 0.35% at 103.03.

Source: Investing.com