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Portugal shares lower at close of trade; PSI 20 down 0.53%

Published 22/12/2018, 04:45 am
© Reuters.  Portugal shares lower at close of trade; PSI 20 down 0.53%
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Investing.com – Portugal equities were lower at the close on Friday, as losses in the Industrials, Consumer Services and Consumer Goods sectors propelled shares lower.

At the close in Lisbon, the PSI 20 fell 0.53% to hit a new 52-week low.

The biggest gainers of the session on the PSI 20 were The Navigator Company SA (LS:NVGR), which rose 2.08% or 0.0720 points to trade at 3.5260 at the close. EDP (LS:EDP) added 1.01% or 0.0300 points to end at 3.0100 and J. Martins SGPS (LS:JMT) was up 0.69% or 0.0700 points to 10.1750 in late trade.

Biggest losers included Corticeira Amorim (LS:CORA), which lost 4.39% or 0.390 points to trade at 8.490 in late trade. CTT Correios de Portugal SA (LS:CTT) declined 2.38% or 0.0720 points to end at 2.9520 and EDP Renovaveis (LS:EDPR) shed 2.35% or 0.1800 points to 7.4750.

Declining stocks outnumbered rising ones by 22 to 5 and 4 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for February delivery was down 0.39% or 0.21 to $54.14 a barrel. Meanwhile, Crude oil for delivery in February rose 0.46% or 0.21 to hit $46.09 a barrel, while the February Gold Futures contract fell 0.57% or 7.25 to trade at $1260.65 a troy ounce.

EUR/USD was down 0.49% to 1.1390, while EUR/GBP fell 0.48% to 0.9001.

The US Dollar Index Futures was up 0.60% at 96.303.

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