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Portugal stocks higher at close of trade; PSI 20 up 0.35%

Published 12/29/2016, 12:45 PM
Updated 12/29/2016, 12:45 PM
© Reuters.  Portugal stocks higher at close of trade; PSI 20 up 0.35%

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

At the close in Lisbon, the PSI 20 added 0.35% to hit a new 1-month high.

The best performers of the session on the PSI 20 were Sonae Capital (LS:SONAC), which rose 1.46% or 0.0110 points to trade at 0.7640 at the close. Meanwhile, Semapa (LS:SEM) added 1.29% or 0.1700 points to end at 13.3950 and Banco Comercial Portugues (LS:BCP) was up 0.96% or 0.0100 points to 1.0500 in late trade.

The worst performers of the session were Pharol SGPS SA (LS:PHRA), which fell 0.94% or 0.0020 points to trade at 0.2100 at the close. CTT Correios de Portugal SA (LS:CTT) declined 0.28% or 0.0180 points to end at 6.4400 and Banco BPI (LS:BBPI) was up 0.09% or 0.0010 points to 1.1280.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 27 to 6 and 9 ended unchanged.

Shares in Semapa (LS:SEM) rose to all time highs; rising 1.29% or 0.1700 to 13.3950.

Brent oil for March delivery was down 0.32% or 0.18 to $56.78 a barrel. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.55% or 0.30 to hit $53.76 a barrel, while the February Gold contract rose 1.41% or 16.05 to trade at $1156.95 a troy ounce.

EUR/USD was up 0.60% to 1.0478, while EUR/GBP rose 0.55% to 0.8569.

The US Dollar Index was down 0.46% at 102.77.

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