Portugal shares higher at close of trade; PSI 20 up 0.89%

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

At the close in Lisbon, the PSI 20 added 0.89% to hit a new 3-month high.

The biggest gainers of the session on the PSI 20 were Banco Comercial Portugues (LS: BCP ), which rose 2.55% or 0.0060 points to trade at 0.2415 at the close. J. Martins SGPS (LS: JMT ) added 2.19% or 0.2850 points to end at 13.2950 and Pharol SGPS SA (LS: PHRA ) was up 2.01% or 0.0036 points to 0.1828 in late trade.

Biggest losers included Galp Energia Nom (LS: GALP ), which lost 0.59% or 0.0850 points to trade at 14.2400 in late trade. Nos SGPS SA (LS: NOS ) declined 0.36% or 0.0200 points to end at 5.6000 and Mota Engil (LS: MOTA ) shed 0.31% or 0.0060 points to 1.9360.

Advancing stocks outnumbered falling ones by 24 to 10 and 2 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for April delivery was up 1.05% or 0.65 to $62.63 a barrel. Meanwhile, Crude oil for delivery in March rose 0.73% or 0.39 to hit $54.05 a barrel, while the April Gold Futures contract fell 0.25% or 3.25 to trade at $1315.95 a troy ounce.

EUR/USD was down 0.30% to 1.1378, while EUR/GBP fell 0.39% to 0.8781.

The US Dollar Index Futures was up 0.22% at 96.028.