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Portugal shares higher at close of trade; PSI 20 up 0.29%

Published 09-01-2019, 11:15 pm
© Reuters.  Portugal shares higher at close of trade; PSI 20 up 0.29%

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

At the close in Lisbon, the PSI 20 added 0.29% to hit a new 1-month high.

The biggest gainers of the session on the PSI 20 were Pharol SGPS SA (LS:PHRA), which rose 8.57% or 0.0152 points to trade at 0.1926 at the close. Ibersol SGPS (LS:IBS) added 3.19% or 0.260 points to end at 8.420 and Semapa (LS:SEM) was up 2.58% or 0.3600 points to 14.3400 in late trade.

Biggest losers included Altri SGPS (LS:ALSS), which lost 2.36% or 0.1500 points to trade at 6.2000 in late trade. EDP Renovaveis (LS:EDPR) declined 1.14% or 0.0900 points to end at 7.7800 and Sonae Capital (LS:SONAC) shed 0.68% or 0.0060 points to 0.8750.

Declining stocks outnumbered rising ones by 14 to 14 and 5 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for March delivery was up 3.90% or 2.29 to $61.01 a barrel. Meanwhile, Crude oil for delivery in February rose 4.28% or 2.13 to hit $51.91 a barrel, while the February Gold Futures contract rose 0.33% or 4.25 to trade at $1290.15 a troy ounce.

EUR/USD was up 0.78% to 1.1529, while EUR/GBP rose 0.38% to 0.9026.

The US Dollar Index Futures was down 0.63% at 94.877.

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