Portugal shares lower at close of trade; PSI 20 down 1.46%

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

At the close in Lisbon, the PSI 20 lost 1.46% to hit a new 52-week low.

The biggest gainers of the session on the PSI 20 were Sonae Capital (LS: SONAC ), which rose 0.23% or 0.0020 points to trade at 0.8760 at the close. Ibersol SGPS (LS: IBS ) unchanged 0.00% or 0.000 points to end at 8.000 and Ramada Investimentos e Industria SA (LS: RAMA ) was unchanged 0.00% or 0.000 points to 7.700 in late trade.

Biggest losers included Mota Engil (LS: MOTA ), which lost 5.62% or 0.0920 points to trade at 1.5440 in late trade. CTT Correios de Portugal SA (LS: CTT ) declined 3.69% or 0.1160 points to end at 3.0240 and Nos SGPS SA (LS: NOS ) shed 3.18% or 0.1700 points to 5.1800.

Declining stocks outnumbered rising ones by 24 to 6 and 5 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for February delivery was down 3.86% or 2.21 to $55.03 a barrel. Meanwhile, Crude oil for delivery in February fell 3.99% or 1.92 to hit $46.25 a barrel, while the February Gold Futures contract rose 0.81% or 10.15 to trade at $1266.55 a troy ounce.

EUR/USD was up 0.76% to 1.1462, while EUR/GBP rose 0.26% to 0.9044.

The US Dollar Index Futures was down 0.71% at 95.800.