Market Update: Portugal Stocks Decline

Investing.com – Portugal stocks fell after the close on Tuesday, primarily due to losses in the Financials, Consumer Services, and Utilities sectors, leading to a decline in shares.

At the close in Lisbon, the PSI index decreased by 0.84%.

Best Performers

The top gainers on the PSI included:
– CTT Correios de Portugal SA (ELI:CTT): up 1.15% or 0.05 points, trading at 4.41.
– Altri SGPS SA (ELI:ALSS): increased by 0.95% or 0.05 points, ending at 5.30.
– Ibersol SGPS (ELI:IBS): rose 0.82% or 0.06 points, closing at 7.38.

Worst Performers

The hardest-hit stocks were:
– Mota Engil SGPS SA (ELI:MOTA): down 2.24% or 0.06 points, trading at 2.53.
– EDP Renovaveis (ELI:EDPR): fell 2.18% or 0.24 points, closing at 10.79.
– Banco Comercial Portugues (ELI:BCP): decreased by 1.74% or 0.01 points, ending at 0.44.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange 16 to 11, with 3 stocks remaining unchanged.

Commodity Prices

• Brent oil for January delivery: down 0.25%, trading at $73.12 a barrel.
• Crude oil for delivery in January: down 0.17%, hitting $69.05 a barrel.
• December Gold Futures: up 0.67%, trading at $2,632.20 a troy ounce.

Currency Exchange Rates

• EUR/USD: up 0.11% to 1.06.
• EUR/GBP: up 0.05% to 0.84.
• US Dollar Index Futures: down 0.05% at 106.15.