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Portugal stocks lower at close of trade; PSI down 0.23%

Published 12/20/2024, 12:05 PM
Updated 12/20/2024, 12:09 PM
© Reuters Portugal stocks lower at close of trade; PSI down 0.23%
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Investing.com – Portugal stocks were lower after the close on Friday, as losses in the Utilities, Financials and Consumer Services sectors led shares lower.

At the close in Lisbon, the PSI lost 0.23% to hit a new 6-months low.

The best performers of the session on the PSI were CTT Correios de Portugal SA (ELI:CTT), which rose 4.26% or 0.22 points to trade at 5.39 at the close. Meanwhile, The Navigator Company SA (ELI:NVGR) added 2.23% or 0.08 points to end at 3.48 and Altri SGPS SA (ELI:ALSS) was up 0.78% or 0.04 points to 5.20 in late trade.

The worst performers of the session were EDP Renovaveis (ELI:EDPR), which fell 1.50% or 0.14 points to trade at 9.50 at the close. Galp Energia Nom (ELI:GALP) declined 0.84% or 0.14 points to end at 16.51 and Ibersol SGPS (ELI:IBS) was down 0.79% or 0.06 points to 7.50.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 16 to 14 and 4 ended unchanged.

Shares in CTT Correios de Portugal SA (ELI:CTT) rose to 5-year highs; gaining 4.26% or 0.22 to 5.39. Shares in EDP Renovaveis (ELI:EDPR) fell to 3-years lows; falling 1.50% or 0.14 to 9.50.

Brent oil for February delivery was down 0.12% or 0.09 to $72.79 a barrel. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.74% or 1.23 to hit $69.35 a barrel, while the February Gold Futures contract rose 1.45% or 37.81 to trade at $2,645.91 a troy ounce.

EUR/USD was up 0.70% to 1.04, while EUR/GBP unchanged 0.06% to 0.83.

The US Dollar Index Futures was down 0.70% at 107.39.

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