Stocks listed in Portugal ended Monday's session in positive territory, with the PSI index finishing higher after midday and late-session buying. At the close in Lisbon the PSI recorded a gain of 0.62%.
Sector performance was led by Financials, Industrials and Consumer Goods, which together underpinned the broad advance in the market. Advancers outnumbered decliners on the Lisbon exchange by 17 to 8, while four names ended the session unchanged.
Top performers
- Teixeira Duarte (ELI:TDSA) was the leading gainer on the PSI, gaining 4.71% - an increase of 0.02 points - to close at 0.44.
- Mota Engil SGPS SA (ELI:MOTA) rose 3.05%, adding 0.14 points to end the session at 4.80.
- Banco Comercial Portugues (ELI:BCP) advanced 2.78% or 0.03 points to finish at 0.99 in late trade.
Lagging names
- Nos SGPS SA (ELI:NOS) was the weakest performer among the PSI constituents, slipping 1.51% or 0.08 points to close at 5.24.
- Semapa (ELI:SEM) fell 0.85%, a 0.20-point decline to 23.40.
- Galp Energia Nom (ELI:GALP) eased 0.79%, down 0.15 points to 18.95.
Market breadth favoured risers, and one notable milestone during the session was Banco Comercial Portugues reaching five-year highs, on a 2.78% increase to 0.99.
Commodities and currencies
Energy markets moved sharply lower on the day. Brent crude for August delivery fell 5.07% or $5.08 to trade at $95.13 a barrel. US crude for July delivery declined 5.31% or $5.13 to $91.47 a barrel. Gold bucked the commodity weakness, with the August futures contract rising 1.04% or $47.19 to $4,603.59 a troy ounce.
In currency markets EUR/USD was essentially unchanged, quoted at 1.16 with a 0.33% notation in the data, while EUR/GBP held around 0.86 with a 0.19% note. The US Dollar Index Futures was quoted lower by 0.25% at 98.93.
Summary
Portugal's PSI closed up 0.62% on Monday, driven by gains in Financials, Industrials and Consumer Goods. Teixeira Duarte and Mota Engil were among the largest winners, while Nos, Semapa and Galp finished lower. Oil benchmarks fell sharply, gold futures rose, and the dollar slipped against a basket of currencies.
Key points
- PSI ended the session up 0.62% in Lisbon, with 17 stocks rising and 8 declining.
- Top advancers included Teixeira Duarte (+4.71%), Mota Engil (+3.05%) and Banco Comercial Portugues (+2.78%).
- Commodities showed mixed moves - Brent and US crude fell over 5% while August gold futures gained 1.04%.
Risks and uncertainties
- Volatility in oil prices - both Brent and US crude declined more than 5%, which can influence energy-related companies and sectors tied to fuel and transport costs.
- Single-stock weakness - notable declines in names such as Nos, Semapa and Galp could weigh on related Consumer and Industrial exposures within the index.
- Currency movements - while EUR/USD and EUR/GBP were relatively unchanged in the session, shifts in the US Dollar Index can affect export-sensitive firms and commodity pricing.
This report focuses on price moves and market breadth observed at the close in Lisbon. It does not attempt to attribute causation beyond the price and volume information recorded for the session.