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Portugal shares higher at close of trade; PSI 20 up 1.56%

Published 18/09/2017, 17:45
Updated 18/09/2017, 17:45
© Reuters.  Portugal shares higher at close of trade; PSI 20 up 1.56%

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

At the close in Lisbon, the PSI 20 rose 1.56% to hit a new 1-month high.

The biggest gainers of the session on the PSI 20 were Banco Comercial Portugues (LS:BCP), which rose 5.59% or 0.0120 points to trade at 0.2265 at the close. The Navigator Company SA (LS:NVGR) added 4.51% or 0.1710 points to end at 3.9600 and Pharol SGPS SA (LS:PHRA) was up 3.98% or 0.0130 points to 0.3400 in late trade.

Biggest losers included EDP (LS:EDP), which lost 2.52% or 0.0850 points to trade at 3.2890 in late trade. REN (LS:RENE) added 0.18% or 0.0050 points to end at 2.7950 and Novabase SGPS (LS:NBA) gained 0.35% or 0.011 points to 3.191.

Advancing stocks outnumbered falling ones by 30 to 3 and 3 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for November delivery was down 0.43% or 0.24 to $55.38 a barrel. Meanwhile, Crude oil for delivery in November fell 0.48% or 0.24 to hit $50.20 a barrel, while the December Gold Futures contract fell 1.08% or 14.34 to trade at $1310.86 a troy ounce.

EUR/USD was down 0.09% to 1.1929, while EUR/GBP rose 0.65% to 0.8848.

The US Dollar Index Futures was up 0.27% at 91.90.

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