Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Portugal stocks lower at close of trade; PSI 20 down 2.79%

Published 01/30/2017, 12:45 PM
© Reuters.  Portugal stocks lower at close of trade; PSI 20 down 2.79%

Investing.com – Portugal stocks were lower after the close on Monday, as losses in the Industrials, Consumer Goods and Basic Materials sectors led shares lower.

At the close in Lisbon, the PSI 20 lost 2.79% to hit a new 1-month low.

The best performers of the session on the PSI 20 were Pharol SGPS SA (LS:PHRA), which rose 1.59% or 0.0040 points to trade at 0.2560 at the close. Meanwhile, Montepio (LS:MPIO) unchanged 0.00% or 0.000 points to end at 0.411 and Banco BPI (LS:BBPI) was unchanged 0.00% or 0.0000 points to 1.1320 in late trade.

The worst performers of the session were CTT Correios de Portugal SA (LS:CTT), which fell 13.99% or 0.8410 points to trade at 5.1710 at the close. Banco Comercial Portugues (LS:BCP) declined 4.63% or 0.0071 points to end at 0.1462 and Sonae (LS:YSO) was down 4.62% or 0.0380 points to 0.7840.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 28 to 6 and 7 ended unchanged.

Shares in Pharol SGPS SA (LS:PHRA) rose to 52-week highs; rising 1.59% or 0.0040 to 0.2560. Shares in CTT Correios de Portugal SA (LS:CTT) fell to all time lows; losing 13.99% or 0.8410 to 5.1710.

Brent oil for April delivery was down 0.75% or 0.42 to $55.28 a barrel. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.03% or 0.55 to hit $52.62 a barrel, while the April Gold Futures contract rose 0.65% or 7.75 to trade at $1198.85 a troy ounce.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

EUR/USD was up 0.05% to 1.0704, while EUR/GBP rose 0.65% to 0.8575.

The US Dollar Index Futures was down 0.23% at 100.33.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.