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Portugal stocks lower at close of trade; PSI 20 down 1.59%

Published 08/15/2018, 12:45 PM
© Reuters.  Portugal stocks lower at close of trade; PSI 20 down 1.59%
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Investing.com – Portugal stocks were lower after the close on Wednesday, as losses in the Basic Materials, Industrials and Financials sectors led shares lower.

At the close in Lisbon, the PSI 20 fell 1.59% to hit a new 1-month low.

The best performers of the session on the PSI 20 were Corticeira Amorim (LS:CORA), which rose 0.75% or 0.080 points to trade at 10.720 at the close. Meanwhile, Ibersol SGPS (LS:IBS) added 0.21% or 0.020 points to end at 9.600 and CTT Correios de Portugal SA (LS:CTT) was unchanged 0.00% or 0.0000 points to 3.1640 in late trade.

The worst performers of the session were The Navigator Company SA (LS:NVGR), which fell 4.45% or 0.2000 points to trade at 4.2960 at the close. Altri SGPS (LS:ALSS) declined 3.62% or 0.3100 points to end at 8.2600 and Galp Energia Nom (LS:GALP) was down 2.46% or 0.4350 points to 17.2500.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 23 to 8 and 6 ended unchanged.

Brent oil for October delivery was down 1.89% or 1.37 to $71.09 a barrel. Elsewhere in commodities trading, Crude oil for delivery in September fell 2.91% or 1.95 to hit $65.09 a barrel, while the December Gold Futures contract fell 1.33% or 16.00 to trade at $1184.70 a troy ounce.

EUR/USD was up 0.02% to 1.1347, while EUR/GBP rose 0.16% to 0.8931.

The US Dollar Index Futures was up 0.04% at 96.59.

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