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Portugal stocks lower at close of trade; PSI down 0.05%

investing.com 19/12/2024 - 17:05 PM

Portugal Stock Market Update

Investing.com – Portugal stocks were lower after the close on Thursday, with losses in the Utilities, Telecoms, and Basic Materials sectors leading shares down.

At the close in Lisbon, the PSI lost 0.05%, reaching a new 6-month low.

Best Performers

  • CTT Correios de Portugal SA (ELI:CTT): +10.59% (0.50 points) to trade at 5.17.
  • Altri SGPS SA (ELI:ALSS): +0.78% (0.04 points) ending at 5.16.
  • Jeronimo Martins SGPS SA (ELI:JMT): +0.27% (0.05 points) to 18.24.

Worst Performers

  • EDP Renovaveis (ELI:EDPR): -1.78% (0.18 points) to trade at 9.65.
  • EDP Energias de Portugal SA (ELI:EDP): -1.30% (0.04 points) ending at 3.12.
  • Mota Engil SGPS SA (ELI:MOTA): -1.29% (0.04 points) to 2.75.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 17 to 13, with 1 stock remaining unchanged.

Notable Changes

  • CTT Correios de Portugal SA shares reached 3-year highs; +10.59% to 5.17.
  • EDP Renovaveis and EDP Energias de Portugal SA shares both hit 3-year lows, down by 1.78% and 1.30%, respectively.

Commodity Prices

  • Brent oil (February delivery): -0.80% ($72.80 a barrel).
  • Crude oil (January delivery): -1.67% ($69.40 a barrel).
  • Gold (February futures): -1.69% ($2,608.39 a troy ounce).

Currency Movements

  • EUR/USD unchanged at 1.04.
  • EUR/GBP unchanged at 0.83.
  • US Dollar Index Futures up 0.32% at 108.09.



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