Portugal Stock Market Summary

Investing.com – Portugal stocks closed lower on Tuesday, primarily driven by declines in the Utilities, Consumer Services, and Basic Materials sectors.

At the end of trading in Lisbon, the PSI index dropped 1.12%, marking a new 1-month low.

Best Performers

The top gainers on the PSI were:
– Ibersol SGPS (ELI:IBS): up 1.13% or 0.08 points to 7.14.
– Banco Comercial Portugues (ELI:BCP): unchanged at 0.43.
– Mota Engil SGPS SA (ELI:MOTA): up 0.79% or 0.02 points to 2.55.

Worst Performers

The worst performers included:
– EDP Renovaveis (ELI:EDPR): down 4.25% or 0.58 points to 13.06.
– Greenvolt Energias Renovaveis SA (ELI:GVOLT): down 2.95% or 0.25 points to 8.06.
– EDP Energias de Portugal SA (ELI:EDP): down 2.79% or 0.11 points to 3.76.

On the Lisbon Stock Exchange, declining stocks outnumbered advancing ones by a ratio of 20 to 8, with 5 remaining unchanged.

Commodities and Currency

• Brent oil for December delivery increased 2.60% or 1.93 to $76.22 a barrel.
• Crude oil for delivery in December rose 2.80% or 1.96 to $72.00 a barrel.
• Gold Futures for December were up 0.51% or 14.10 to $2,753.00 a troy ounce.

In currency trading,
– EUR/USD was unchanged 0.10% at 1.08.
– EUR/GBP was unchanged 0.04% at 0.83.

Additionally, the US Dollar Index Futures increased by 0.06% to 103.89.