3 months ago
Stock Market

Portugal stocks lower at close of trade; PSI 20 down 0.28%

Investing.com – Portugal stocks were lower after the close on Tuesday, as losses in the Industrials, Basic Materials and Consumer

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

At the close in Lisbon, the PSI 20 fell 0.28% to hit a new 52-week low.

The best performers of the session on the PSI 20 were EDP (LS:EDP), which rose 1.77% or 0.0540 points to trade at 3.1100 at the close. Meanwhile, Mota Engil (LS:MOTA) added 1.68% or 0.0260 points to end at 1.5720 and Corticeira Amorim (LS:CORA) was up 1.30% or 0.120 points to 9.340 in late trade.

The worst performers of the session were J. Martins SGPS (LS:JMT), which fell 4.16% or 0.4400 points to trade at 10.1400 at the close. CTT Correios de Portugal SA (LS:CTT) declined 3.99% or 0.1320 points to end at 3.1760 and Sonae SGPS SA (LS:YSO) was down 2.26% or 0.0185 points to 0.8000.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 15 to 14 and 7 ended unchanged.

Shares in J. Martins SGPS (LS:JMT) fell to 3-years lows; falling 4.16% or 0.4400 to 10.1400. Shares in Sonae SGPS SA (LS:YSO) fell to 52-week lows; losing 2.26% or 0.0185 to 0.8000.

Brent oil for February delivery was up 0.67% or 0.40 to $60.37 a barrel. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.24% or 0.63 to hit $51.63 a barrel, while the February Gold Futures contract fell 0.01% or 0.10 to trade at $1249.30 a troy ounce.

EUR/USD was down 0.28% to 1.1323, while EUR/GBP fell 0.08% to 0.9034.

The US Dollar Index Futures was up 0.20% at 97.377.