Portugal shares lower at close of trade; PSI 20 down 0.59%

Investing.com – Portugal equities were lower at the close on Tuesday, as losses in the Technology , Basic Materials and Utilities sectors propelled shares lower.

At the close in Lisbon, the PSI 20 lost 0.59% to hit a new 52-week low.

The biggest gainers of the session on the PSI 20 were Mota Engil (LS: MOTA ), which rose 3.64% or 0.0580 points to trade at 1.6520 at the close. The Navigator Company SA (LS: NVGR ) added 2.10% or 0.0720 points to end at 3.4960 and Sonae SGPS SA (LS: YSO ) was up 1.76% or 0.0140 points to 0.8095 in late trade.

Biggest losers included EDP (LS: EDP ), which lost 2.51% or 0.0760 points to trade at 2.9510 in late trade. Galp Energia Nom (LS: GALP ) declined 1.88% or 0.2650 points to end at 13.8050 and Banco Comercial Portugues (LS: BCP ) shed 1.60% or 0.0038 points to 0.2334.

Declining stocks outnumbered rising ones by 20 to 10 and 4 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for February delivery was down 3.56% or 2.12 to $57.49 a barrel. Meanwhile, Crude oil for delivery in February fell 4.74% or 2.38 to hit $47.82 a barrel, while the February Gold Futures contract rose 0.11% or 1.40 to trade at $1253.20 a troy ounce.

EUR/USD was up 0.17% to 1.1366, while EUR/GBP fell 0.08% to 0.8988.

The US Dollar Index Futures was down 0.05% at 96.498.