Portugal stocks lower at close of trade; PSI down 0.70%

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

At the close in Lisbon, the PSI declined 0.70%.

The best performers of the session on the PSI were Nos SGPS SA (ELI:NOS), which rose 0.41% or 0.02 points to trade at 3.64 at the close. Meanwhile, Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) added 0.41% or 0.01 points to end at 2.45 and Corticeira Amorim (ELI:CORA) was up 0.34% or 0.03 points to 8.95 in late trade.

The worst performers of the session were EDP Renovaveis (ELI:EDPR), which fell 1.93% or 0.31 points to trade at 15.76 at the close. Banco Comercial Portugues (ELI:BCP) declined 1.26% or 0.01 points to end at 0.41 and Semapa (ELI:SEM) was down 0.82% or 0.12 points to 14.46.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 16 to 9 and 9 ended unchanged.

Brent oil for November delivery was up 1.28% or 0.92 to $72.53 a barrel. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.48% or 1.00 to hit $68.75 a barrel, while the December Gold Futures contract fell 0.08% or 2.00 to trade at $2,608.70 a troy ounce.

EUR/USD was up 0.46% to 1.11, while EUR/GBP unchanged 0.19% to 0.84.

The US Dollar Index Futures was down 0.37% at 100.42.