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Portugal stocks higher at close of trade; PSI 20 up 0.93%

Published 10/16/2018, 12:45 PM
Updated 10/16/2018, 12:45 PM
© Reuters.  Portugal stocks higher at close of trade; PSI 20 up 0.93%

Investing.com – Portugal stocks were higher after the close on Tuesday, as gains in the Telecoms, Industrials and Basic Materials sectors led shares higher.

At the close in Lisbon, the PSI 20 rose 0.93%.

The best performers of the session on the PSI 20 were Mota Engil (LS:MOTA), which rose 5.95% or 0.1080 points to trade at 1.9240 at the close. Meanwhile, Nos SGPS SA (LS:NOS) added 4.41% or 0.2150 points to end at 5.0850 and CTT Correios de Portugal SA (LS:CTT) was up 3.74% or 0.1160 points to 3.2200 in late trade.

The worst performers of the session were Sonae SGPS SA (LS:YSO), which fell 3.57% or 0.0300 points to trade at 0.8100 at the close. Ibersol SGPS (LS:IBS) declined 1.35% or 0.120 points to end at 8.800 and Ramada Investimentos e Industria SA (LS:RAMA) was down 1.03% or 0.100 points to 9.600.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 19 to 12 and 7 ended unchanged.

Shares in Sonae SGPS SA (LS:YSO) fell to 52-week lows; down 3.57% or 0.0300 to 0.8100. Shares in Ibersol SGPS (LS:IBS) fell to 52-week lows; falling 1.35% or 0.120 to 8.800.

Brent oil for December delivery was up 0.41% or 0.33 to $81.11 a barrel. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.03% or 0.02 to hit $71.80 a barrel, while the December Gold Futures contract rose 0.11% or 1.40 to trade at $1231.70 a troy ounce.

EUR/USD was up 0.04% to 1.1585, while EUR/GBP fell 0.20% to 0.8785.

The US Dollar Index Futures was down 0.07% at 94.70.

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