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

Published 09-12-2024, 10:35 pm
Updated 09-12-2024, 10:40 pm
© Reuters Portugal shares higher at close of trade; PSI up 0.29%
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Investing.com – Portugal equities were higher at the close on Monday, as gains in the PSI Consumer Services Gross Return, PSI Basic Materials Gross Return and PSI Telecommunications Gross Return sectors led shares higher.

At the close in Lisbon, the PSI rose 0.29%.

The biggest gainers of the session on the PSI were Galp Energia Nom (ELI:GALP), which rose 2.01% or 0.33 points to trade at 16.72 at the close. Mota Engil SGPS SA (ELI:MOTA) added 1.45% or 0.04 points to end at 2.66 and Jeronimo Martins SGPS SA (ELI:JMT) was up 1.19% or 0.22 points to 18.67 in late trade.

Biggest losers included EDP Energias de Portugal SA (ELI:EDP), which fell 1.41% or 0.05 points to trade at 3.22 in late trade. CTT Correios de Portugal SA (ELI:CTT) declined 1.19% or 0.06 points to end at 4.55 and Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) down 1.05% or 0.03 points to 2.36.

Falling stocks outnumbered advancing ones by 12 to 11 and 5 ended unchanged on the Lisbon Stock Exchange.

Shares in EDP Energias de Portugal SA (ELI:EDP) fell to 3-year lows; falling 1.41% or 0.05 to 3.22.

Brent oil for February delivery was up 1.62% or 1.15 to $72.27 a barrel. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.83% or 1.23 to hit $68.43 a barrel, while the February Gold Futures contract rose 1.14% or 30.36 to trade at $2,689.96 a troy ounce.

EUR/USD was unchanged 0.01% to 1.06, while EUR/GBP unchanged 0.25% to 0.83.

The US Dollar Index Futures was down 0.05% at 105.68.

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