Portugal shares lower at close of trade; PSI 20 down 1.21%

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

At the close in Lisbon, the PSI 20 lost 1.21%.

The biggest gainers of the session on the PSI 20 were Pharol SGPS SA (LS: PHRA ), which rose 0.33% or 0.0006 points to trade at 0.1800 at the close. REN (LS: RENE ) added 0.23% or 0.0060 points to end at 2.5760 and Sonae Capital (LS: SONAC ) was up 0.11% or 0.0010 points to 0.8790 in late trade.

Biggest losers included Mota Engil (LS: MOTA ), which lost 4.08% or 0.0830 points to trade at 1.9520 in late trade. Galp Energia Nom (LS: GALP ) declined 2.94% or 0.4100 points to end at 13.5400 and Sonae SGPS SA (LS: YSO ) shed 2.26% or 0.0215 points to 0.9295.

Declining stocks outnumbered rising ones by 19 to 9 and 6 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for April delivery was down 3.13% or 1.93 to $59.66 a barrel. Meanwhile, Crude oil for delivery in March fell 3.73% or 2.00 to hit $51.69 a barrel, while the February Gold Futures contract rose 0.38% or 4.95 to trade at $1303.05 a troy ounce.

EUR/USD was up 0.24% to 1.1440, while EUR/GBP rose 0.46% to 0.8683.

The US Dollar Index Futures was down 0.13% at 95.343.