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Portugal shares higher at close of trade; PSI 20 up 0.40%

Published 2018-12-07, 12:45 p/m
Updated 2018-12-07, 12:45 p/m
© Reuters.  Portugal shares higher at close of trade; PSI 20 up 0.40%

Investing.com – Portugal equities were higher at the close on Friday, as gains in the Basic Materials, Financials and Consumer Services sectors propelled shares higher.

At the close in Lisbon, the PSI 20 rose 0.40%.

The biggest gainers of the session on the PSI 20 were Sonae Capital (LS:SONAC), which rose 3.04% or 0.0250 points to trade at 0.8480 at the close. EDP (LS:EDP) added 2.42% or 0.0730 points to end at 3.0930 and J. Martins SGPS (LS:JMT) was up 2.29% or 0.2350 points to 10.4950 in late trade.

Biggest losers included The Navigator Company SA (LS:NVGR), which lost 2.38% or 0.0880 points to trade at 3.6120 in late trade. Banco Comercial Portugues (LS:BCP) declined 1.44% or 0.0035 points to end at 0.2390 and Nos SGPS SA (LS:NOS) shed 1.21% or 0.0650 points to 5.3050.

Advancing stocks outnumbered falling ones by 15 to 14 and 6 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for February delivery was up 4.65% or 2.79 to $62.85 a barrel. Meanwhile, Crude oil for delivery in January rose 4.16% or 2.14 to hit $53.63 a barrel, while the February Gold Futures contract rose 0.60% or 7.50 to trade at $1251.10 a troy ounce.

EUR/USD was up 0.08% to 1.1387, while EUR/GBP rose 0.55% to 0.8949.

The US Dollar Index Futures was down 0.05% at 96.718.

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