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Portugal shares higher at close of trade; PSI 20 up 1.48%

Published 2019/02/05, 19:45
© Reuters.  Portugal shares higher at close of trade; PSI 20 up 1.48%
GALP
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JMT
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Investing.com – Portugal equities were higher at the close on Tuesday, as gains in the Technology, Industrials and Utilities sectors propelled shares higher.

At the close in Lisbon, the PSI 20 added 1.48% to hit a new 3-month high.

The biggest gainers of the session on the PSI 20 were J. Martins SGPS (LS:JMT), which rose 4.46% or 0.5550 points to trade at 13.0100 at the close. Galp Energia Nom (LS:GALP) added 3.35% or 0.4650 points to end at 14.3250 and Banco Comercial Portugues (LS:BCP) was up 2.39% or 0.0055 points to 0.2355 in late trade.

Biggest losers included Ibersol SGPS (LS:IBS), which lost 2.15% or 0.180 points to trade at 8.180 in late trade. Ramada Investimentos e Industria SA (LS:RAMA) declined 1.24% or 0.100 points to end at 7.950 and Nos SGPS SA (LS:NOS) shed 0.09% or 0.0050 points to 5.6200.

Advancing stocks outnumbered falling ones by 24 to 10 and 3 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for April delivery was down 0.54% or 0.34 to $62.17 a barrel. Meanwhile, Crude oil for delivery in March fell 1.41% or 0.77 to hit $53.79 a barrel, while the April Gold Futures contract fell 0.04% or 0.55 to trade at $1318.75 a troy ounce.

EUR/USD was down 0.22% to 1.1409, while EUR/GBP rose 0.50% to 0.8815.

The US Dollar Index Futures was up 0.25% at 95.812.

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