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

Published 11/12/2018, 17:45
Updated 11/12/2018, 17:45
© Reuters.  Portugal shares lower at close of trade; PSI 20 down 0.28%

Investing.com – Portugal equities were lower at the close on Tuesday, as losses in the Industrials, Basic Materials and Consumer Goods sectors propelled shares lower.

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

The biggest gainers 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. 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.

Biggest losers included J. Martins SGPS (LS:JMT), which lost 4.16% or 0.4400 points to trade at 10.1400 in late trade. 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) shed 2.26% or 0.0185 points to 0.8000.

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

In commodities trading, Brent oil for February delivery was up 0.67% or 0.40 to $60.37 a barrel. Meanwhile, Crude oil for delivery in January rose 1.24% or 0.63 to hit $51.63 a barrel, while the February Gold Futures contract unchanged 0.00% or 0.00 to trade at $1249.40 a troy ounce.

EUR/USD was down 0.29% to 1.1322, while EUR/GBP fell 0.08% to 0.9034.

The US Dollar Index Futures was up 0.20% at 97.382.

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