Portugal shares lower at close of trade; PSI 20 down 2.19%

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Portugal shares lower at close of trade; PSI 20 down 2.19%
Credit: © Reuters.

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

At the close in Lisbon, the PSI 20 lost 2.19% to hit a new 52-week low.

The biggest gainers of the session on the PSI 20 were Banco Comercial Portugues (LS: BCP ), which rose 0.04% or 0.0001 points to trade at 0.2266 at the close. Galp Energia Nom (LS: GALP ) fell 0.03% or 0.0050 points to end at 16.5050 and EDP (LS: EDP ) was down 0.32% or 0.0100 points to 3.1400 in late trade.

Biggest losers included Altri SGPS (LS: ALSS ), which lost 10.83% or 0.9500 points to trade at 7.8200 in late trade. The Navigator Company SA (LS: NVGR ) declined 7.14% or 0.3000 points to end at 3.9000 and Mota Engil (LS: MOTA ) shed 5.49% or 0.1040 points to 1.7900.

Declining stocks outnumbered rising ones by 28 to 5 and 2 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for December delivery was down 1.96% or 1.67 to $83.33 a barrel. Meanwhile, Crude oil for delivery in November fell 2.31% or 1.73 to hit $73.23 a barrel, while the December Gold Futures contract rose 0.06% or 0.70 to trade at $1192.20 a troy ounce.

EUR/USD was up 0.46% to 1.1543, while EUR/GBP fell 0.05% to 0.8738.

The US Dollar Index Futures was down 0.31% at 95.06.

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