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Portugal stocks higher at close of trade; PSI 20 up 1.25%

Published 01/03/2018, 12:45 PM
Updated 01/03/2018, 12:50 PM
© Reuters.  Portugal stocks higher at close of trade; PSI 20 up 1.25%
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Investing.com – Portugal stocks were higher after the close on Wednesday, as gains in the Industrials, Financials and Consumer Goods sectors led shares higher.

At the close in Lisbon, the PSI 20 added 1.25% to hit a new 52-week high.

The best performers of the session on the PSI 20 were Pharol SGPS SA (LS:PHRA), which rose 7.50% or 0.0195 points to trade at 0.2795 at the close. Meanwhile, Mota Engil (LS:MOTA) added 5.54% or 0.2100 points to end at 4.0000 and Banco Comercial Portugues (LS:BCP) was up 2.68% or 0.0075 points to 0.2875 in late trade.

The worst performers of the session were EDP Renovaveis (LS:EDPR), which fell 1.95% or 0.1350 points to trade at 6.7850 at the close. Ibersol SGPS (LS:IBS) declined 1.23% or 0.150 points to end at 12.000 and Semapa (LS:SEM) was 0.00% or 0.0000 points to 17.8600.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 30 to 5 and 6 ended unchanged.

Shares in Mota Engil (LS:MOTA) rose to 3-years highs; up 5.54% or 0.2100 to 4.0000. Shares in Banco Comercial Portugues (LS:BCP) rose to 52-week highs; rising 2.68% or 0.0075 to 0.2875.

Brent oil for March delivery was up 1.53% or 1.02 to $67.59 a barrel. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.79% or 1.08 to hit $61.45 a barrel, while the February Gold Futures contract rose 0.10% or 1.30 to trade at $1317.40 a troy ounce.

EUR/USD was down 0.28% to 1.2024, while EUR/GBP rose 0.24% to 0.8894.

The US Dollar Index Futures was up 0.28% at 91.82.

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