Portugal shares lower at close of trade; PSI 20 down 1.59%

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Portugal shares lower at close of trade; PSI 20 down 1.59%
Credit: © Reuters.

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

At the close in Lisbon, the PSI 20 fell 1.59% to hit a new 1-month low.

The biggest gainers of the session on the PSI 20 were Corticeira Amorim (LS: CORA ), which rose 0.75% or 0.080 points to trade at 10.720 at the close. Ibersol SGPS (LS: IBS ) added 0.21% or 0.020 points to end at 9.600 and CTT Correios de Portugal SA (LS: CTT ) was unchanged 0.00% or 0.0000 points to 3.1640 in late trade.

Biggest losers included The Navigator Company SA (LS: NVGR ), which lost 4.45% or 0.2000 points to trade at 4.2960 in late trade. Altri SGPS (LS: ALSS ) declined 3.62% or 0.3100 points to end at 8.2600 and Galp Energia Nom (LS: GALP ) shed 2.46% or 0.4350 points to 17.2500.

Declining stocks outnumbered rising ones by 23 to 8 and 6 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for October delivery was down 1.97% or 1.43 to $71.03 a barrel. Meanwhile, Crude oil for delivery in September fell 2.97% or 1.99 to hit $65.05 a barrel, while the December Gold Futures contract fell 1.32% or 15.90 to trade at $1184.80 a troy ounce.

EUR/USD was up 0.03% to 1.1348, while EUR/GBP rose 0.16% to 0.8931.

The US Dollar Index Futures was up 0.03% at 96.58.

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