Portugal Stock Market Update

Investing.com – Portugal stocks were lower after the close on Wednesday, with losses in the Utilities, Telecoms, and Consumer Services sectors leading the decline.

At the close in Lisbon, the PSI lost 0.47%.

Top Performers

The best performers of the session on the PSI were:
– Mota Engil SGPS SA (ELI:MOTA): rose 4.30% or 0.12 points to trade at 2.81 at the close.
– Ibersol SGPS (ELI:IBS): added 1.36% or 0.10 points to end at 7.46.
– Corticeira Amorim (ELI:CORA): up 1.21% or 0.10 points to 8.36 in late trade.

Worst Performers

The worst performers of the session were:
– EDP Renovaveis (ELI:EDPR): fell 3.60% or 0.38 points to trade at 10.18 at the close.
– EDP Energias de Portugal SA (ELI:EDP): declined 2.63% or 0.09 points to end at 3.26.
– Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE): down 1.67% or 0.04 points to 2.36.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 14 to 8, with 9 ending unchanged.

Shares in EDP Renovaveis and EDP Energias de Portugal fell to 3-year lows, down 3.60% and 2.63%, respectively.

Commodity Prices

• Brent oil for February delivery: down 0.77% or 0.57 to $73.05 a barrel.
• Crude oil for January delivery fell 0.92% or 0.64 to $69.30 a barrel.
• February Gold Futures: rose 0.25% or 6.61 to trade at $2,674.51 a troy ounce.

Currency Market

• EUR/USD unchanged at 1.05 (up 0.20%).
• EUR/GBP unchanged at 0.83 (up 0.10%).
• US Dollar Index Futures down 0.17% at 106.16.