Portugal shares lower at close of trade; PSI 20 down 1.51%

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

At the close in Lisbon, the PSI 20 fell 1.51% to hit a new 52-week low.

The biggest gainers of the session on the PSI 20 were Sonae Capital (LS: SONAC ), which unchanged 0.00% or 0.0000 points to trade at 0.7700 at the close. EDP (LS: EDP ) unchanged 0.00% or 0.0000 points to end at 3.0800 and REN (LS: RENE ) was down 0.33% or 0.0080 points to 2.4080 in late trade.

Biggest losers included Mota Engil (LS: MOTA ), which lost 5.39% or 0.0860 points to trade at 1.5100 in late trade. Nos SGPS SA (LS: NOS ) declined 3.11% or 0.1590 points to end at 4.9460 and Banco Comercial Portugues (LS: BCP ) shed 2.66% or 0.0066 points to 0.2414.

Declining stocks outnumbered rising ones by 25 to 4 and 6 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for January delivery was down 5.18% or 3.46 to $63.33 a barrel. Meanwhile, Crude oil for delivery in January fell 5.12% or 2.93 to hit $54.27 a barrel, while the December Gold Futures contract fell 0.16% or 2.00 to trade at $1223.30 a troy ounce.

EUR/USD was down 0.64% to 1.1381, while EUR/GBP fell 0.24% to 0.8889.

The US Dollar Index Futures was up 0.54% at 96.58.