Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Portugal shares lower at close of trade; PSI down 0.23%

Published 20/12/2024, 17:05
© Reuters Portugal shares lower at close of trade; PSI down 0.23%
EUR/USD
-
DX
-
GC
-
LCO
-
CL
-
PSI20
-

Investing.com – Portugal equities were lower at the close on Friday, as losses in the Utilities, Financials and Consumer Services sectors propelled shares lower.

At the close in Lisbon, the PSI fell 0.23% to hit a new 6-month low.

The biggest gainers of the session on the PSI were CTT Correios de Portugal SA (ELI:CTT), which rose 4.26% or 0.22 points to trade at 5.39 at the close. The Navigator Company SA (ELI:NVGR) added 2.23% or 0.08 points to end at 3.48 and Altri SGPS SA (ELI:ALSS) was up 0.78% or 0.04 points to 5.20 in late trade.

Biggest losers included EDP Renovaveis (ELI:EDPR), which lost 1.50% or 0.14 points to trade at 9.50 in late trade. Galp Energia Nom (ELI:GALP) declined 0.84% or 0.14 points to end at 16.51 and Ibersol SGPS (ELI:IBS) shed 0.79% or 0.06 points to 7.50.

Declining stocks outnumbered rising ones by 16 to 14 and 4 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for February delivery was down 0.07% or 0.05 to $72.83 a barrel. Meanwhile, Crude oil for delivery in January fell 1.69% or 1.19 to hit $69.39 a barrel, while the February Gold Futures contract rose 1.44% or 37.51 to trade at $2,645.61 a troy ounce.

EUR/USD was up 0.69% to 1.04, while EUR/GBP unchanged 0.07% to 0.83.

The US Dollar Index Futures was down 0.70% at 107.40.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.