Portugal shares higher at close of trade; PSI 20 up 0.29%

Investing.com – Portugal equities were higher at the close on Wednesday, as gains in the Telecoms , Basic Materials and Consumer Goods sectors propelled shares higher.

At the close in Lisbon, the PSI 20 added 0.29% to hit a new 1-month high.

The biggest gainers of the session on the PSI 20 were Pharol SGPS SA (LS: PHRA ), which rose 8.57% or 0.0152 points to trade at 0.1926 at the close. Ibersol SGPS (LS: IBS ) added 3.19% or 0.260 points to end at 8.420 and Semapa (LS: SEM ) was up 2.58% or 0.3600 points to 14.3400 in late trade.

Biggest losers included Altri SGPS (LS: ALSS ), which lost 2.36% or 0.1500 points to trade at 6.2000 in late trade. EDP Renovaveis (LS: EDPR ) declined 1.14% or 0.0900 points to end at 7.7800 and Sonae Capital (LS: SONAC ) shed 0.68% or 0.0060 points to 0.8750.

Declining stocks outnumbered rising ones by 14 to 14 and 5 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for March delivery was up 3.90% or 2.29 to $61.01 a barrel. Meanwhile, Crude oil for delivery in February rose 4.28% or 2.13 to hit $51.91 a barrel, while the February Gold Futures contract rose 0.33% or 4.25 to trade at $1290.15 a troy ounce.

EUR/USD was up 0.78% to 1.1529, while EUR/GBP rose 0.38% to 0.9026.

The US Dollar Index Futures was down 0.63% at 94.877.