Portugal shares lower at close of trade; PSI 20 down 1.20%

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

At the close in Lisbon, the PSI 20 declined 1.20%.

The biggest gainers of the session on the PSI 20 were Galp Energia Nom (LS: GALP ), which rose 0.89% or 0.1500 points to trade at 17.0900 at the close. Ramada Investimentos e Industria SA (LS: RAMA ) added 0.51% or 0.050 points to end at 9.950 and Corticeira Amorim (LS: CORA ) was down 0.17% or 0.020 points to 11.500 in late trade.

Biggest losers included Mota Engil (LS: MOTA ), which lost 4.33% or 0.0950 points to trade at 2.1000 in late trade. Banco Comercial Portugues (LS: BCP ) declined 3.48% or 0.0092 points to end at 0.2550 and EDP (LS: EDP ) shed 3.32% or 0.1090 points to 3.1780.

Declining stocks outnumbered rising ones by 25 to 9 and 1 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for December delivery was up 1.89% or 1.54 to $82.92 a barrel. Meanwhile, Crude oil for delivery in November rose 1.61% or 1.16 to hit $73.28 a barrel, while the December Gold Futures contract rose 0.70% or 8.30 to trade at $1195.70 a troy ounce.

EUR/USD was down 0.25% to 1.1612, while EUR/GBP fell 0.01% to 0.8900.

The US Dollar Index Futures was up 0.10% at 94.70.