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Portugal shares lower at close of trade; PSI 20 down 2.32%

Published 15/06/2016, 02:45 am
© Reuters.  Portugal shares lower at close of trade; PSI 20 down 2.32%
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Investing.com – Portugal equities were lower at the close on Tuesday, as losses in the Utilities, Consumer Services and Industrials sectors propelled shares lower.

At the close in Lisbon, the PSI 20 lost 2.32% to hit a new 3-month low.

The biggest gainers of the session on the PSI 20 were Pharol SGPS SA (LS:PHRA), which rose 2.31% or 0.0030 points to trade at 0.1330 at the close. Sonae Capital (LS:SONAC) added 1.03% or 0.0060 points to end at 0.5880 and Mota Engil (LS:MOTA) was up 0.43% or 0.0070 points to 1.6300 in late trade.

Biggest losers included Sonae (LS:YSO), which lost 4.54% or 0.0370 points to trade at 0.7780 in late trade. Banco Comercial Portugues (LS:BCP) declined 4.46% or 0.0009 points to end at 0.0193 and EDP (LS:EDP) shed 3.65% or 0.1040 points to 2.7430.

Declining stocks outnumbered rising ones by 37 to 9 and 7 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for August delivery was down 1.41% or 0.71 to $49.64 a barrel. Meanwhile, Crude oil for delivery in July fell 1.13% or 0.55 to hit $48.33 a barrel, while the August Gold contract fell 0.13% or 1.70 to trade at $1285.20 a troy ounce.

EUR/USD was down 0.74% to 1.1208, while EUR/GBP rose 0.08% to 0.7929.

The US Dollar Index was up 0.61% at 95.00.

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