Portugal shares lower at close of trade; PSI 20 down 1.14%

Investing.com – Portugal equities were lower at the close on Thursday, as losses in the Technology , Industrials and Financials sectors propelled shares lower.

At the close in Lisbon, the PSI 20 lost 1.14% to hit a new 52-week low.

The biggest gainers of the session on the PSI 20 were Semapa (LS: SEM ), which rose 1.89% or 0.2400 points to trade at 12.9600 at the close. J. Martins SGPS (LS: JMT ) added 0.15% or 0.0150 points to end at 10.1200 and CTT Correios de Portugal SA (LS: CTT ) was up 0.14% or 0.0040 points to 2.9340 in late trade.

Biggest losers included Pharol SGPS SA (LS: PHRA ), which lost 3.36% or 0.0058 points to trade at 0.1670 in late trade. Banco Comercial Portugues (LS: BCP ) declined 2.56% or 0.0058 points to end at 0.2212 and Nos SGPS SA (LS: NOS ) shed 2.49% or 0.1300 points to 5.1000.

Declining stocks outnumbered rising ones by 25 to 8 and 1 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for March delivery was down 3.71% or 2.05 to $53.24 a barrel. Meanwhile, Crude oil for delivery in February fell 3.56% or 1.66 to hit $44.95 a barrel, while the February Gold Futures contract rose 0.83% or 10.55 to trade at $1280.30 a troy ounce.

EUR/USD was up 0.83% to 1.1447, while EUR/GBP rose 0.67% to 0.9047.

The US Dollar Index Futures was down 0.61% at 95.990.