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Portugal shares lower at close of trade; PSI 20 down 0.13%

Published 18/05/2016, 02:45 am
© Reuters.  Portugal shares lower at close of trade; PSI 20 down 0.13%

Investing.com – Portugal equities were lower at the close on Tuesday, as losses in the Telecoms, Technology and Basic Materials sectors propelled shares lower.

At the close in Lisbon, the PSI 20 declined 0.13% to hit a new 1-month low.

The biggest gainers of the session on the PSI 20 were Banco Comercial Portugues (LS:BCP), which rose 3.77% or 0.0012 points to trade at 0.0330 at the close. Altri SGPS (LS:ALSS) added 1.43% or 0.0450 points to end at 3.1810 and Corticeira Amorim (LS:CORA) was up 0.58% or 0.040 points to 6.880 in late trade.

Biggest losers included Nos SGPS SA (LS:NOS), which lost 2.85% or 0.1810 points to trade at 6.1790 in late trade. Sonae Capital (LS:SONAC) declined 1.75% or 0.0110 points to end at 0.6180 and Mota Engil (LS:MOTA) shed 1.38% or 0.0250 points to 1.7850.

Declining stocks outnumbered rising ones by 24 to 23 and 4 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for July delivery was up 0.51% or 0.25 to $49.22 a barrel. Meanwhile, Crude oil for delivery in June rose 0.84% or 0.40 to hit $48.12 a barrel, while the June Gold contract rose 0.26% or 3.35 to trade at $1277.55 a troy ounce.

EUR/USD was up 0.11% to 1.1333, while EUR/GBP fell 0.41% to 0.7829.

The US Dollar Index was down 0.14% at 94.40.

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