Portugal Stock Market Update

Investing.com – Portugal stocks were lower after the close on Wednesday, as losses in the Industrials, Technology, and Consumer Services sectors led shares lower.

At the close in Lisbon, the PSI declined 0.52% to hit a new 1-month low.

Best Performers

The best performers of the session on the PSI were:
– EDP Renovaveis (ELI:EDPR): rose 0.46% or 0.06 points to trade at 13.12 at the close.
– Semapa (ELI:SEM): added 0.13% or 0.02 points to end at 14.92.
– CTT Correios de Portugal SA (ELI:CTT): up 0.12% or 0.01 points to 4.24.

Worst Performers

The worst performers of the session were:
– Corticeira Amorim (ELI:CORA): fell 2.06% or 0.18 points to trade at 8.57.
– Mota Engil SGPS SA (ELI:MOTA): declined 1.49% or 0.04 points to end at 2.51.
– Sonae SGPS SA (ELI:YSO): down 1.19% or 0.01 points to 0.92.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 18 to 7, and 4 ended unchanged.

Shares in Corticeira Amorim (ELI:CORA) fell to 3-year lows, down 2.06% or 0.18 to 8.57.

Commodity Prices

• Brent oil for December delivery was down 1.66% or 1.26 to $74.78 a barrel.
• Crude oil for delivery in December fell 1.69% or 1.21 to hit $70.53 a barrel.
• December Gold Futures contract fell 0.95% or 26.25 to trade at $2,733.55 a troy ounce.

Currency Exchange Rates

• EUR/USD was unchanged 0.20% to 1.08.
• EUR/GBP unchanged 0.16% to 0.83.

The US Dollar Index Futures was up 0.38% at 104.31.