Portugal stocks lower at close of trade; PSI 20 down 0.75%

Portugal stocks lower at close of trade

Portugal stocks were lower after the close on Tuesday, as losses in the Financials, Technology and Consumer Goods sectors led shares lower.

At the close in Lisbon, the PSI 20 lost 0.75%.

The best performers of the session on the PSI 20 were CTT Correios de Portugal SA, which rose 1.45% or 0.1160 points to trade at 8.0950 at the close. Meanwhile, Pharol SGPS SA added 1.42% or 0.0020 points to end at 0.1430 and Portucel was up 0.94% or 0.0290 points to 3.1200 in late trade.

The worst performers of the session were Banco Comercial Portugues, which fell 6.37% or 0.0026 points to trade at 0.0382 at the close. Corticeira Amorim declined 4.31% or 0.280 points to end at 6.220 and Sonae Capital  was down 1.68% or 0.0120 points to 0.7030.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 27 to 20 and 3 ended unchanged.

Brent oil for July delivery was up 2.80% or 1.24 to $45.56 a barrel. Elsewhere in commodities trading, Crude oil for delivery in June rose 3.05% or 1.30 to hit $43.94 a barrel, while the June Gold contract rose 0.25% or 3.15 to trade at $1243.35 a troy ounce.

EUR/USD was up 0.35% to 1.1308, while EUR/GBP fell 0.48% to 0.7743.

The US Dollar Index was down 0.35% at 94.41.