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Portugal stocks lower at close of trade; PSI 20 down 0.44%

Published 07/11/2018, 12:45 PM
Updated 07/11/2018, 12:50 PM
© Reuters.  Portugal stocks lower at close of trade; PSI 20 down 0.44%
GALP
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Investing.com – Portugal stocks were lower after the close on Wednesday, as losses in the Telecoms, Consumer Goods and Industrials sectors led shares lower.

At the close in Lisbon, the PSI 20 declined 0.44%.

The best performers of the session on the PSI 20 were Altri SGPS (LS:ALSS), which rose 1.00% or 0.0900 points to trade at 9.0600 at the close. Meanwhile, EDP (LS:EDP) added 0.43% or 0.0150 points to end at 3.5050 and Banco Comercial Portugues (LS:BCP) was up 0.27% or 0.0007 points to 0.2581 in late trade.

The worst performers of the session were Mota Engil (LS:MOTA), which fell 2.27% or 0.0700 points to trade at 3.0200 at the close. Ibersol SGPS (LS:IBS) declined 2.03% or 0.250 points to end at 12.050 and Galp Energia Nom (LS:GALP) was down 1.48% or 0.2550 points to 17.0100.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 21 to 8 and 8 ended unchanged.

Shares in Altri SGPS (LS:ALSS) rose to all time highs; gaining 1.00% or 0.0900 to 9.0600. Shares in EDP (LS:EDP) rose to 52-week highs; rising 0.43% or 0.0150 to 3.5050.

Brent oil for September delivery was down 3.63% or 2.86 to $76.00 a barrel. Elsewhere in commodities trading, Crude oil for delivery in August fell 2.59% or 1.92 to hit $72.19 a barrel, while the August Gold Futures contract fell 0.73% or 9.20 to trade at $1246.20 a troy ounce.

EUR/USD was down 0.36% to 1.1702, while EUR/GBP rose 0.06% to 0.8851.

The US Dollar Index Futures was up 0.43% at 94.25.

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