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Portugal stocks lower at close of trade; PSI 20 down 0.28%

Published 03/07/2018, 12:45 PM
Updated 03/07/2018, 12:50 PM
© Reuters.  Portugal stocks lower at close of trade; PSI 20 down 0.28%

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

At the close in Lisbon, the PSI 20 lost 0.28%.

The best performers of the session on the PSI 20 were Mota Engil (LS:MOTA), which rose 1.87% or 0.0700 points to trade at 3.8200 at the close. Meanwhile, Semapa (LS:SEM) added 1.28% or 0.2400 points to end at 18.9200 and EDP (LS:EDP) was up 0.82% or 0.0230 points to 2.8330 in late trade.

The worst performers of the session were Pharol SGPS SA (LS:PHRA), which fell 5.78% or 0.0130 points to trade at 0.2120 at the close. Novabase SGPS (LS:NBA) declined 3.79% or 0.110 points to end at 2.790 and CTT Correios de Portugal SA (LS:CTT) was down 2.29% or 0.0740 points to 3.1540.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 20 to 14 and 5 ended unchanged.

Shares in Novabase SGPS (LS:NBA) fell to 52-week lows; falling 3.79% or 0.110 to 2.790.

Brent oil for May delivery was down 2.80% or 1.84 to $63.95 a barrel. Elsewhere in commodities trading, Crude oil for delivery in April fell 3.00% or 1.88 to hit $60.72 a barrel, while the April Gold Futures contract fell 0.67% or 9.00 to trade at $1326.20 a troy ounce.

EUR/USD was down 0.07% to 1.2395, while EUR/GBP fell 0.03% to 0.8929.

The US Dollar Index Futures was up 0.13% at 89.68.

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