Market close
Portugal's benchmark index finished higher on Monday, with the PSI up 0.26% at the close in Lisbon as gains in the Utilities, Financials and Technology sectors supported the advance.
Top and bottom movers
The leading gainer on the PSI was EDP Energias de Portugal SA, which rose 1.91% to close at 4.55. EDP Renovaveis added 1.55% to finish at 13.77, and Ibersol SGPS advanced 1.32% to end the session at 9.95.
On the downside, CTT Correios de Portugal SA posted the largest decline, slipping 2.02% to 5.83 at the close. Teixeira Duarte fell 1.45% to 0.54, while The Navigator Company SA also declined 1.45% to finish at 3.26.
Market breadth and session context
Declining issues outnumbered advancers on the Lisbon Stock Exchange by 14 to 11, with 6 stocks unchanged at the close. The session showed a split where notable individual gains were offset by a larger count of losers.
Commodities and currencies
Commodity markets saw mixed moves during the trading session. Brent oil for September delivery increased 1.91% to $73.99 a barrel. US crude for August delivery rose 2.27% to $70.80 a barrel. In contrast, the August Gold futures contract declined 1.35%, trading at $4,041.07 a troy ounce.
On the currency front, EUR/USD was effectively unchanged, quoted at 1.14 (a 0.38% move reported), while EUR/GBP showed minimal change, moving 0.03% to 0.86. The US Dollar Index Futures was down 0.24% at 100.88.
What this means for sectors
The session's strongest sectoral contributors were Utilities, Financials and Technology, which helped lift the index despite a greater number of individual declines. Commodity moves in oil and gold, together with modest shifts in major currency pairs and the US Dollar Index Futures, formed the wider market backdrop for the trading day.
Summary takeaways
- PSI closed up 0.26% with utilities and financials among the leading sectors.
- Top stock performers included EDP, EDPR and IBS; notable laggards were CTT, TDSA and NVGR.
- Brent and US crude rose while gold futures fell; USD Index futures slipped slightly.