Portugal Stock Market Summary
Investing.com – Portugal stocks were lower after the close on Wednesday, as losses in the Utilities, Financials, and Telecoms sectors led shares lower.
At the close in Lisbon, the PSI lost 3.27% to hit a new 6-month low.
Best Performers
The best performers of the session on the PSI were:
– Ibersol SGPS (ELI:IBS): rose 1.08% or 0.08 points to trade at 7.46 at the close.
– Greenvolt Energias Renovaveis SA (ELI:GVOLT): added 0.68% or 0.06 points to end at 8.10.
– CTT Correios de Portugal SA (ELI:CTT): was up 0.12% or 0.01 points to 4.29 in late trade.
Worst Performers
The worst performers were:
– EDP Renovaveis (ELI:EDPR): fell 11.08% or 1.40 points to trade at 11.24 at the close.
– EDP Energias de Portugal SA (ELI:EDP): declined 7.10% or 0.25 points to end at 3.32.
– Mota Engil SGPS SA (ELI:MOTA): was down 2.52% or 0.06 points to 2.48.
Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 19 to 8, and 5 ended unchanged.
Shares in EDP Renovaveis (ELI:EDPR) fell to 3-year lows; falling 11.08% or 1.40 to 11.24. Shares in EDP Energias de Portugal SA (ELI:EDP) also fell to 3-year lows, losing 7.10% or 0.25 to 3.32.
Commodities
- Brent oil for January delivery was down 0.25% or 0.19 to $75.34 a barrel.
- Crude oil for December delivery rose 0.04% or 0.03 to hit $72.02 a barrel.
- Gold Futures for December fell 2.65% or 72.95 to trade at $2,676.75 a troy ounce.
Currency Exchange
- EUR/USD was down 1.77% to 1.07.
- EUR/GBP fell 0.66% to 0.83.
US Dollar Index
The US Dollar Index Futures was up 1.62% at 105.00.
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