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Portugal shares lower at close of trade; PSI down 0.33%

Published 26/09/2024, 17:05
© Reuters.  Portugal shares lower at close of trade; PSI down 0.33%
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Investing.com – Portugal equities were lower at the close on Thursday, as losses in the Technology, Basic Materials and Telecoms sectors propelled shares lower.

At the close in Lisbon, the PSI fell 0.33%.

The biggest gainers of the session on the PSI were Mota Engil SGPS SA (ELI:MOTA), which rose 3.82% or 0.10 points to trade at 2.61 at the close. Banco Comercial Portugues (ELI:BCP) added 2.92% or 0.01 points to end at 0.42 and Nos SGPS SA (ELI:NOS) was up 0.55% or 0.02 points to 3.68 in late trade.

Biggest losers included Galp Energia Nom (ELI:GALP), which lost 5.11% or 0.88 points to trade at 16.24 in late trade. Corticeira Amorim (ELI:CORA) declined 1.45% or 0.13 points to end at 8.85 and CTT Correios de Portugal SA (ELI:CTT) shed 1.12% or 0.05 points to 4.42.

Declining stocks outnumbered rising ones by 13 to 11 and 6 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for December delivery was down 1.96% or 1.43 to $71.47 a barrel. Meanwhile, Crude oil for delivery in November fell 2.22% or 1.55 to hit $68.14 a barrel, while the December Gold Futures contract rose 0.15% or 3.90 to trade at $2,688.60 a troy ounce.

EUR/USD was unchanged 0.36% to 1.12, while EUR/GBP unchanged 0.29% to 0.83.

The US Dollar Index Futures was down 0.30% at 100.32.

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