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Portugal stocks higher at close of trade; PSI up 1.04%

Published 07/16/2024, 12:05 PM
Updated 07/16/2024, 12:07 PM
© Reuters Portugal stocks higher at close of trade; PSI up 1.04%
GALP
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JMT
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Investing.com – Portugal stocks were higher after the close on Tuesday, as gains in the Financials, Technology and Basic Materials sectors led shares higher.

At the close in Lisbon, the PSI added 1.04%.

The best performers of the session on the PSI were Banco Comercial Portugues (ELI:BCP), which rose 4.45% or 0.02 points to trade at 0.40 at the close. Meanwhile, Semapa (ELI:SEM) added 2.91% or 0.44 points to end at 15.58 and Mota Engil SGPS SA (ELI:MOTA) was up 2.27% or 0.08 points to 3.69 in late trade.

The worst performers of the session were Jeronimo Martins SGPS SA (ELI:JMT), which fell 0.62% or 0.12 points to trade at 19.14 at the close. Galp Energia Nom (ELI:GALP) declined 0.50% or 0.10 points to end at 18.98 and Ibersol SGPS (ELI:IBS) was 0.00% or 0.00 points to 6.96.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 20 to 9 and 4 ended unchanged.

Shares in Banco Comercial Portugues (ELI:BCP) rose to 5-year highs; rising 4.45% or 0.02 to 0.40.

Brent oil for September delivery was down 1.10% or 0.93 to $83.92 a barrel. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.16% or 0.94 to hit $79.90 a barrel, while the August Gold Futures contract rose 1.49% or 36.20 to trade at $2,465.10 a troy ounce.

EUR/USD was unchanged 0.09% to 1.09, while EUR/GBP unchanged 0.01% to 0.84.

The US Dollar Index Futures was up 0.19% at 104.08.

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