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Portugal shares higher at close of trade; PSI 20 up 1.04%

Published 27/02/2016, 04:45 am
© Reuters.  Portugal shares higher at close of trade; PSI 20 up 1.04%

Investing.com – Portugal equities were higher at the close on Friday, as gains in the Financials, Consumer Goods and Basic Materials sectors propelled shares higher.

At the close in Lisbon, the PSI 20 added 1.04%.

The biggest gainers of the session on the PSI 20 were Banco Comercial Portugues (LS:BCP), which rose 4.37% or 0.0014 points to trade at 0.0334 at the close. Semapa (LS:SEM) added 4.03% or 0.4400 points to end at 11.3450 and Banco BPI (LS:BBPI) was up 2.56% or 0.0260 points to 1.0420 in late trade.

Biggest losers included Pharol SGPS SA (LS:PHRA), which lost 7.88% or 0.0160 points to trade at 0.1870 in late trade. Impresa SGPS (LS:IMPA) declined 2.45% or 0.0110 points to end at 0.4380 and EDP (LS:EDP) shed 1.81% or 0.0520 points to 2.8230.

Advancing stocks outnumbered falling ones by 38 to 12 and 5 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for April delivery was up 1.56% or 0.55 to $35.84 a barrel. Meanwhile, Crude oil for delivery in April rose 1.03% or 0.34 to hit $33.41 a barrel, while the April Gold contract fell 1.37% or 17.00 to trade at $1221.80 a troy ounce.

EUR/USD was down 0.85% to 1.0924, while EUR/GBP fell 0.19% to 0.7878.

The US Dollar Index was up 0.76% at 98.18.

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