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Portugal stocks higher at close of trade; PSI up 0.29%

Published 12/09/2024, 12:05 PM
Updated 12/09/2024, 12:09 PM
© Reuters Portugal stocks higher at close of trade; PSI up 0.29%
GALP
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JMT
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Investing.com – Portugal stocks were higher after the close on Monday, as gains in the Consumer Services, Basic Materials and Telecoms sectors led shares higher.

At the close in Lisbon, the PSI gained 0.29%.

The best performers of the session on the PSI were Galp Energia Nom (ELI:GALP), which rose 2.01% or 0.33 points to trade at 16.72 at the close. Meanwhile, Mota Engil SGPS SA (ELI:MOTA) added 1.45% or 0.04 points to end at 2.66 and Jeronimo Martins SGPS SA (ELI:JMT) was up 1.19% or 0.22 points to 18.67 in late trade.

The worst performers of the session were EDP Energias de Portugal SA (ELI:EDP), which fell 1.41% or 0.05 points to trade at 3.22 at the close. CTT Correios de Portugal SA (ELI:CTT) declined 1.19% or 0.06 points to end at 4.55 and Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) was down 1.05% or 0.03 points to 2.36.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 12 to 11 and 5 ended unchanged.

Shares in EDP Energias de Portugal SA (ELI:EDP) fell to 3-years lows; down 1.41% or 0.05 to 3.22.

Brent oil for February delivery was up 1.63% or 1.16 to $72.28 a barrel. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.89% or 1.27 to hit $68.47 a barrel, while the February Gold Futures contract rose 1.15% or 30.51 to trade at $2,690.11 a troy ounce.

EUR/USD was unchanged 0.01% to 1.06, while EUR/GBP unchanged 0.24% to 0.83.

The US Dollar Index Futures was down 0.05% at 105.68.

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