Portugal’s stock market closed marginally higher on Thursday, with the PSI index finishing the session up 0.02% and registering a fresh one-month high. The advance was supported primarily by positive moves in the Consumer Goods, Telecoms and Consumer Services sectors.
At the close in Lisbon the PSI gained 0.02% to hit a new 1-month high.
Top and bottom movers
The strongest performers on the PSI were:
- Sonae SGPS SA (ELI:YSO) - rose 0.88% or 0.02 points to trade at 2.29 at the close.
- Galp Energia Nom (ELI:GALP) - added 0.74% or 0.14 points to end at 19.14.
- Nos SGPS SA (ELI:NOS) - up 0.71% or 0.04 points to 5.64 in late trade.
On the downside, the session’s weakest listings included:
- Teixeira Duarte (ELI:TDSA) - which unchanged 0.95% or 0.00 points to trade at 0.42 at the close.
- Edp Renewables SA (ELI:EDPR) - declined 0.72% or 0.10 points to end at 13.85.
- Altri SGPS SA (ELI:ALSS) - down 0.71% or 0.03 points to 4.20.
Market breadth in Lisbon was balanced: rising issues outnumbered decliners 13 to 11, with 4 stocks ending unchanged.
Notable listings and records
Sonae SGPS SA (ELI:YSO) was highlighted in trade as reaching all-time highs, advancing 0.88% or 0.02 to 2.29.
Commodities and FX snapshot
Commodity markets reflected mixed sentiment during the session. Brent crude for January delivery climbed 1.32% or 1.22 to $93.98 a barrel. Meanwhile, U.S. crude for December delivery rose 0.62% or 0.54 to $87.07 a barrel. Precious metals saw a decline: the December Gold Futures contract fell 3.08% or 123.10 to trade at $3,877.40 a troy ounce.
On the currency front, EUR/USD was unchanged 0.32% to 1.11, while EUR/GBP was unchanged 0.04% to 0.84. The US Dollar Index Futures was trading up 0.27% at 103.10.
Market context and takeaways
The session in Lisbon produced modest overall gains concentrated in select sectors rather than a broad-based advance. Energy and consumer-linked names led individual stock moves, while commodity prices and the dollar showed divergent trends that accompanied equity trading in the region.
Summary of quoted movers and indicators in the session: GALP +0.74%, ALSS -0.71%, YSO +0.88%, DX +0.26%, GC -3.11%, LCO +1.97%, CL +1.32%, NOS +0.71%, PSI20 +0.02%, EDPR -0.72%, TDSA -0.95%.