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Portugal stocks lower at close of trade; PSI 20 down 1.56%

Published 10/08/2018, 12:45 PM
© Reuters.  Portugal stocks lower at close of trade; PSI 20 down 1.56%
EDP
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MOTA
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Investing.com – Portugal stocks were lower after the close on Monday, as losses in the Financials, Industrials and Basic Materials sectors led shares lower.

At the close in Lisbon, the PSI 20 declined 1.56% to hit a new 52-week low.

The best performers of the session on the PSI 20 were Sonae Capital (LS:SONAC), which rose 2.14% or 0.0150 points to trade at 0.7150 at the close. Meanwhile, EDP (LS:EDP) added 0.06% or 0.0020 points to end at 3.1870 and Ramada Investimentos e Industria SA (LS:RAMA) was unchanged 0.00% or 0.000 points to 9.900 in late trade.

The worst performers of the session were Mota Engil (LS:MOTA), which fell 4.88% or 0.0960 points to trade at 1.8700 at the close. Banco Comercial Portugues (LS:BCP) declined 4.11% or 0.0096 points to end at 0.2240 and Pharol SGPS SA (LS:PHRA) was down 3.39% or 0.0056 points to 0.1594.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 25 to 4 and 6 ended unchanged.

Shares in Mota Engil (LS:MOTA) fell to 52-week lows; down 4.88% or 0.0960 to 1.8700. Shares in Banco Comercial Portugues (LS:BCP) fell to 52-week lows; falling 4.11% or 0.0096 to 0.2240.

Brent oil for December delivery was down 0.88% or 0.74 to $83.42 a barrel. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.61% or 0.45 to hit $73.89 a barrel, while the December Gold Futures contract fell 1.31% or 15.80 to trade at $1189.80 a troy ounce.

EUR/USD was down 0.38% to 1.1480, while EUR/GBP rose 0.06% to 0.8784.

The US Dollar Index Futures was up 0.20% at 95.50.

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