Portugal stocks lower at close of trade; PSI down 0.73%

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

At the close in Lisbon, the PSI declined 0.73% to hit a new 1-month low.

The best performers of the session on the PSI were Banco Comercial Portugues (ELI:BCP ), which unchanged 0.57% or 0.00 points to trade at 0.39 at the close. Meanwhile, Galp Energia Nom (ELI:GALP ) added 0.41% or 0.07 points to end at 17.04 and Ibersol SGPS (ELI:IBS ) was up 0.28% or 0.02 points to 7.26 in late trade.

The worst performers of the session were Jeronimo Martins SGPS SA (ELI:JMT ), which fell 4.12% or 0.73 points to trade at 16.97 at the close. EDP Energias de Portugal SA (ELI:EDP ) declined 1.42% or 0.06 points to end at 3.96 and Mota Engil SGPS SA (ELI:MOTA ) was down 1.37% or 0.03 points to 2.45.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 17 to 8 and 7 ended unchanged.

Brent oil for December delivery was up 4.19% or 3.10 to $77.00 a barrel. Elsewhere in commodities trading, Crude oil for delivery in November rose 4.42% or 3.10 to hit $73.20 a barrel, while the December Gold Futures contract rose 0.06% or 1.65 to trade at $2,671.35 a troy ounce.

EUR/USD was unchanged 0.27% to 1.10, while EUR/GBP rose 0.87% to 0.84.

The US Dollar Index Futures was up 0.37% at 101.80.

Source: Investing.com