3 months ago
Stock Market

Portugal stocks lower at close of trade; PSI 20 down 0.59%

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

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

At the close in Lisbon, the PSI 20 lost 0.59% to hit a new 52-week low.

The best performers of the session on the PSI 20 were Mota Engil (LS:MOTA), which rose 3.64% or 0.0580 points to trade at 1.6520 at the close. Meanwhile, The Navigator Company SA (LS:NVGR) added 2.10% or 0.0720 points to end at 3.4960 and Sonae SGPS SA (LS:YSO) was up 1.76% or 0.0140 points to 0.8095 in late trade.

The worst performers of the session were EDP (LS:EDP), which fell 2.51% or 0.0760 points to trade at 2.9510 at the close. Galp Energia Nom (LS:GALP) declined 1.88% or 0.2650 points to end at 13.8050 and Banco Comercial Portugues (LS:BCP) was down 1.60% or 0.0038 points to 0.2334.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 20 to 10 and 4 ended unchanged.

Shares in Galp Energia Nom (LS:GALP) fell to 52-week lows; losing 1.88% or 0.2650 to 13.8050.

Brent oil for February delivery was down 3.62% or 2.16 to $57.45 a barrel. Elsewhere in commodities trading, Crude oil for delivery in February fell 4.76% or 2.39 to hit $47.81 a barrel, while the February Gold Futures contract rose 0.11% or 1.40 to trade at $1253.20 a troy ounce.

EUR/USD was up 0.16% to 1.1365, while EUR/GBP fell 0.08% to 0.8988.

The US Dollar Index Futures was down 0.05% at 96.502.