Portugal stocks higher at close of trade; PSI up 0.61%

Investing.com – Portugal stocks were higher after the close on Friday, as gains in the Consumer Services, Utilities and Financials sectors led shares higher.

At the close in Lisbon, the PSI gained 0.61%.

The best performers of the session on the PSI were EDP Energias de Portugal SA (ELI:EDP), which rose 3.39% or 0.11 points to trade at 3.41 at the close. Meanwhile, Jeronimo Martins SGPS SA (ELI:JMT) added 2.69% or 0.49 points to end at 18.68 and CTT Correios de Portugal SA (ELI:CTT) was up 1.52% or 0.07 points to 4.34 in late trade.

The worst performers of the session were EDP Renovaveis (ELI:EDPR), which fell 1.01% or 0.11 points to trade at 10.83 at the close. Galp Energia Nom (ELI:GALP) declined 1.00% or 0.16 points to end at 15.79 and Mota Engil SGPS SA (ELI:MOTA) was down 0.55% or 0.01 points to 2.55.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 16 to 10 and 7 ended unchanged.

Shares in EDP Renovaveis (ELI:EDPR) fell to 3-years lows; losing 1.01% or 0.11 to 10.83.

Brent oil for January delivery was down 2.55% or 1.93 to $73.70 a barrel. Elsewhere in commodities trading, Crude oil for delivery in December fell 2.93% or 2.12 to hit $70.24 a barrel, while the December Gold Futures contract fell 0.45% or 12.10 to trade at $2,693.70 a troy ounce.

EUR/USD was down 0.97% to 1.07, while EUR/GBP unchanged 0.25% to 0.83.

The US Dollar Index Futures was up 0.62% at 105.02.