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Portugal shares higher at close of trade; PSI 20 up 0.30%

Published 23/04/2018, 17:45
© Reuters.  Portugal shares higher at close of trade; PSI 20 up 0.30%

Investing.com – Portugal equities were higher at the close on Monday, as gains in the Financials, Industrials and Telecoms sectors propelled shares higher.

At the close in Lisbon, the PSI 20 added 0.30% to hit a new 1-month high.

The biggest gainers of the session on the PSI 20 were Pharol SGPS SA (LS:PHRA), which rose 6.32% or 0.0135 points to trade at 0.2270 at the close. Altri SGPS (LS:ALSS) added 1.86% or 0.1100 points to end at 6.0100 and Galp Energia Nom (LS:GALP) was up 1.85% or 0.2950 points to 16.2450 in late trade.

Biggest losers included F.Rama (LS:RAMA), which lost 3.91% or 0.500 points to trade at 12.300 in late trade. Corticeira Amorim (LS:CORA) declined 1.77% or 0.200 points to end at 11.100 and J. Martins SGPS (LS:JMT) shed 1.09% or 0.1550 points to 14.0450.

Advancing stocks outnumbered falling ones by 18 to 16 and 2 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for June delivery was up 0.20% or 0.15 to $74.21 a barrel. Meanwhile, Crude oil for delivery in June fell 0.31% or 0.21 to hit $68.19 a barrel, while the June Gold Futures contract fell 0.99% or 13.20 to trade at $1325.10 a troy ounce.

EUR/USD was down 0.59% to 1.2215, while EUR/GBP fell 0.18% to 0.8760.

The US Dollar Index Futures was up 0.63% at 90.65.

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