Portugal shares higher at close of trade; PSI 20 up 1.55%

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Portugal shares higher at close of trade; PSI 20 up 1.55%
Credit: © Reuters.

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

At the close in Lisbon, the PSI 20 added 1.55% to hit a new 1-month high.

The biggest gainers of the session on the PSI 20 were Banco Comercial Portugues (LS: BCP ), which rose 5.22% or 0.0023 points to trade at 0.0464 at the close. Teixeira Duarte (LS: TDSA ) added 3.53% or 0.0100 points to end at 0.2930 and Portucel (LS: PTI ) was up 3.48% or 0.1100 points to 3.2700 in late trade.

Biggest losers included EDP (LS: EDP ), which added 0.20% or 0.0060 points to trade at 2.9810 in late trade. Galp Energia Nom (LS: GALP ) added 0.56% or 0.0600 points to end at 10.7550 and Banco BPI (LS: BBPI ) gained 0.73% or 0.0090 points to 1.2450.

Advancing stocks outnumbered falling ones by 43 to 3 and 10 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for May delivery was down 1.93% or 0.78 to $39.61 a barrel. Meanwhile, Crude oil for delivery in April fell 3.40% or 1.31 to hit $37.19 a barrel, while the April Gold contract fell 1.30% or 16.40 to trade at $1243.00 a troy ounce.

EUR/USD was down 0.48% to 1.1095, while EUR/GBP fell 0.05% to 0.7748.

The US Dollar Index was up 0.41% at 96.62.

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