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Portugal stocks lower at close of trade; PSI down 0.73%

Published 07/26/2024, 12:05 PM
Updated 07/26/2024, 12:07 PM
© Reuters Portugal stocks lower at close of trade; PSI down 0.73%
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Investing.com – Portugal stocks were lower after the close on Friday, as losses in the Consumer Services, Basic Materials and Industrials sectors led shares lower.

At the close in Lisbon, the PSI lost 0.73%.

The best performers of the session on the PSI were Mota Engil SGPS SA (ELI:MOTA), which rose 3.26% or 0.12 points to trade at 3.68 at the close. Meanwhile, EDP Renovaveis (ELI:EDPR) added 1.85% or 0.26 points to end at 14.32 and EDP Energias de Portugal SA (ELI:EDP) was up 1.23% or 0.05 points to 3.78 in late trade.

The worst performers of the session were Altri SGPS SA (ELI:ALSS), which fell 5.92% or 0.32 points to trade at 5.01 at the close. Jeronimo Martins SGPS SA (ELI:JMT) declined 4.42% or 0.72 points to end at 15.58 and Ibersol SGPS (ELI:IBS) was down 2.23% or 0.16 points to 7.02.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 19 to 10 and 4 ended unchanged.

Shares in Jeronimo Martins SGPS SA (ELI:JMT) fell to 3-years lows; losing 4.42% or 0.72 to 15.58.

Brent oil for September delivery was down 1.55% or 1.28 to $81.09 a barrel. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.46% or 1.14 to hit $77.14 a barrel, while the August Gold Futures contract rose 1.31% or 30.90 to trade at $2,384.40 a troy ounce.

EUR/USD was unchanged 0.14% to 1.09, while EUR/GBP unchanged 0.02% to 0.84.

The US Dollar Index Futures was down 0.05% at 104.06.

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