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Portugal stocks higher at close of trade; PSI up 2.21%

Published 10/31/2024, 01:05 PM
Updated 10/31/2024, 01:08 PM
© Reuters Portugal stocks higher at close of trade; PSI up 2.21%
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Investing.com – Portugal stocks were higher after the close on Thursday, as gains in the Financials, Consumer Services and Industrials sectors led shares higher.

At the close in Lisbon, the PSI added 2.21%.

The best performers of the session on the PSI were Banco Comercial Portugues (ELI:BCP), which rose 9.73% or 0.04 points to trade at 0.46 at the close. Meanwhile, Jeronimo Martins SGPS SA (ELI:JMT) added 8.24% or 1.36 points to end at 17.87 and CTT Correios de Portugal SA (ELI:CTT) was up 3.76% or 0.16 points to 4.28 in late trade.

The worst performers of the session were Nos SGPS SA (ELI:NOS), which fell 3.30% or 0.12 points to trade at 3.52 at the close. Galp Energia Nom (ELI:GALP) declined 2.06% or 0.33 points to end at 15.67 and Altri SGPS SA (ELI:ALSS) was down 1.60% or 0.08 points to 4.97.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 14 to 12 and 2 ended unchanged.

Shares in Banco Comercial Portugues (ELI:BCP) rose to 5-year highs; rising 9.73% or 0.04 to 0.46.

Brent oil for January delivery was up 0.62% or 0.45 to $72.61 a barrel. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.73% or 0.50 to hit $69.11 a barrel, while the December Gold Futures contract fell 1.75% or 49.10 to trade at $2,751.70 a troy ounce.

EUR/USD was unchanged 0.04% to 1.09, while EUR/GBP rose 0.78% to 0.84.

The US Dollar Index Futures was up 0.15% at 104.02.

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