Portugal stocks lower at close of trade; PSI 20 down 0.07%

16/05/2018 16:45:00 Stock Market

Portugal stocks were lower after the close on Wednesday, as losses in the Telecoms, Financials and Utilities sectors led shares lower.

At the close in Lisbon, the PSI 20 lost 0.07%.

The best performers of the session on the PSI 20 were Altri SGPS (LS:ALSS), which rose 13.19% or 0.8800 points to trade at 7.5500 at the close. Meanwhile, Semapa (LS:SEM) added 4.63% or 0.9100 points to end at 20.5500 and The Navigator Company SA (LS:NVGR) was up 2.58% or 0.1350 points to 5.3750 in late trade.

The worst performers of the session were Banco Comercial Portugues (LS:BCP), which fell 1.64% or 0.0047 points to trade at 0.2816 at the close. REN (LS:RENE) declined 1.36% or 0.0360 points to end at 2.6140 and EDP (LS:EDP) was down 1.16% or 0.0400 points to 3.4000.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 18 to 14 and 7 ended unchanged.

Shares in Altri SGPS (LS:ALSS) rose to all time highs; rising 13.19% or 0.8800 to 7.5500. Shares in Semapa (LS:SEM) rose to all time highs; rising 4.63% or 0.9100 to 20.5500. Shares in The Navigator Company SA (LS:NVGR) rose to all time highs; up 2.58% or 0.1350 to 5.3750.

Brent oil for July delivery was up 0.03% or 0.02 to $78.45 a barrel. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.39% or 0.28 to hit $71.03 a barrel, while the June Gold Futures contract rose 0.02% or 0.20 to trade at $1290.50 a troy ounce.

EUR/USD was down 0.27% to 1.1807, while EUR/GBP fell 0.23% to 0.8745.

The US Dollar Index Futures was up 0.10% at 93.23.