Portugal shares lower at close of trade; PSI 20 down 1.56%

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

At the close in Lisbon, the PSI 20 lost 1.56% to hit a new 52-week low.

The biggest gainers of the session on the PSI 20 were Sonae Capital (LS: SONAC ), which rose 2.14% or 0.0150 points to trade at 0.7150 at the close. EDP (LS: EDP ) added 0.06% or 0.0020 points to end at 3.1870 and Ramada Investimentos e Industria SA (LS: RAMA ) was unchanged 0.00% or 0.000 points to 9.900 in late trade.

Biggest losers included Mota Engil (LS: MOTA ), which lost 4.88% or 0.0960 points to trade at 1.8700 in late trade. Banco Comercial Portugues (LS: BCP ) declined 4.11% or 0.0096 points to end at 0.2240 and Pharol SGPS SA (LS: PHRA ) shed 3.39% or 0.0056 points to 0.1594.

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

In commodities trading, Brent oil for December delivery was down 0.91% or 0.77 to $83.39 a barrel. Meanwhile, Crude oil for delivery in November fell 0.62% or 0.46 to hit $73.88 a barrel, while the December Gold Futures contract fell 1.32% or 15.90 to trade at $1189.70 a troy ounce.

EUR/USD was down 0.39% to 1.1479, while EUR/GBP rose 0.06% to 0.8784.

The US Dollar Index Futures was up 0.21% at 95.51.