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Portugal stocks higher at close of trade; PSI 20 up 0.60%

Published 12/27/2016, 12:45 PM
Updated 12/27/2016, 12:45 PM
© Reuters.  Portugal stocks higher at close of trade; PSI 20 up 0.60%

Investing.com – Portugal stocks were higher after the close on Tuesday, as gains in the Consumer Goods, Consumer Services and Industrials sectors led shares higher.

At the close in Lisbon, the PSI 20 rose 0.60% to hit a new 1-month high.

The best performers of the session on the PSI 20 were Pharol SGPS SA (LS:PHRA), which rose 1.92% or 0.0040 points to trade at 0.2120 at the close. Meanwhile, Altri SGPS (LS:ALSS) added 1.78% or 0.0680 points to end at 3.8810 and Nos SGPS SA (LS:NOS) was up 1.30% or 0.0720 points to 5.6150 in late trade.

The worst performers of the session were Banco Comercial Portugues (LS:BCP), which fell 2.27% or 0.0247 points to trade at 1.0653 at the close. Galp Energia Nom (LS:GALP) declined 0.25% or 0.0350 points to end at 14.1600 and Montepio (LS:MPIO) was down 0.24% or 0.001 points to 0.420.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 19 to 16 and 6 ended unchanged.

Shares in Banco Comercial Portugues (LS:BCP) fell to all time lows; losing 2.27% or 0.0247 to 1.0653. Shares in Montepio (LS:MPIO) fell to all time lows; falling 0.24% or 0.001 to 0.420.

Brent oil for March delivery was up 1.43% or 0.80 to $56.70 a barrel. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.57% or 0.83 to hit $53.85 a barrel, while the February Gold contract rose 0.39% or 4.45 to trade at $1138.05 a troy ounce.

EUR/USD was up 0.02% to 1.0456, while EUR/GBP rose 0.11% to 0.8528.

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The US Dollar Index was up 0.07% at 103.02.

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