Portugal shares higher at close of trade; PSI 20 up 0.40%

Investing.com – Portugal equities were higher at the close on Tuesday, as gains in the Telecoms , Utilities and Financials sectors propelled shares higher.

At the close in Lisbon, the PSI 20 rose 0.40%.

The biggest gainers of the session on the PSI 20 were Pharol SGPS SA (LS: PHRA ), which rose 1.78% or 0.0032 points to trade at 0.1832 at the close. REN (LS: RENE ) added 1.71% or 0.0440 points to end at 2.6200 and EDP (LS: EDP ) was up 1.55% or 0.0480 points to 3.1360 in late trade.

Biggest losers included Mota Engil (LS: MOTA ), which lost 2.66% or 0.0520 points to trade at 1.9000 in late trade. Sonae SGPS SA (LS: YSO ) declined 1.83% or 0.0170 points to end at 0.9125 and Sonae Capital (LS: SONAC ) shed 0.91% or 0.0080 points to 0.8710.

Declining stocks outnumbered rising ones by 15 to 12 and 8 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for April delivery was up 2.88% or 1.72 to $61.53 a barrel. Meanwhile, Crude oil for delivery in March rose 3.00% or 1.56 to hit $53.55 a barrel, while the February Gold Futures contract rose 0.37% or 4.80 to trade at $1307.90 a troy ounce.

EUR/USD was down 0.09% to 1.1423, while EUR/GBP rose 0.24% to 0.8701.

The US Dollar Index Futures was up 0.11% at 95.525.