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Portugal shares lower at close of trade; PSI 20 down 1.52%

Published 18/12/2018, 04:45 am
© Reuters.  Portugal shares lower at close of trade; PSI 20 down 1.52%
ALSS
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Investing.com – Portugal equities were lower at the close on Monday, as losses in the Consumer Goods, Basic Materials and Financials sectors propelled shares lower.

At the close in Lisbon, the PSI 20 fell 1.52% to hit a new 52-week low.

The biggest gainers of the session on the PSI 20 were Corticeira Amorim (LS:CORA), which rose 0.55% or 0.050 points to trade at 9.160 at the close. Sonae Capital (LS:SONAC) added 0.33% or 0.0030 points to end at 0.8990 and CTT Correios de Portugal SA (LS:CTT) was up 0.13% or 0.0040 points to 3.2020 in late trade.

Biggest losers included Sonae SGPS SA (LS:YSO), which lost 2.51% or 0.0205 points to trade at 0.7955 in late trade. The Navigator Company SA (LS:NVGR) declined 2.51% or 0.0880 points to end at 3.4240 and Altri SGPS (LS:ALSS) shed 2.50% or 0.1400 points to 5.4700.

Declining stocks outnumbered rising ones by 26 to 4 on the Lisbon Stock Exchange.

In commodities trading, Brent oil for February delivery was down 0.56% or 0.34 to $59.94 a barrel. Meanwhile, Crude oil for delivery in February fell 1.44% or 0.74 to hit $50.73 a barrel, while the February Gold Futures contract rose 0.64% or 7.90 to trade at $1249.30 a troy ounce.

EUR/USD was up 0.38% to 1.1349, while EUR/GBP rose 0.11% to 0.8994.

The US Dollar Index Futures was down 0.35% at 96.572.

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