Portugal's equity market ended Friday with the PSI index effectively flat, as sector gains in Telecoms, Basic Materials and Consumer Services offset losses elsewhere.
At the close in Lisbon the PSI added 0.00%.
Top performers
- Galp Energia Nom (ELI:GALP) led gains on the index, rising 1.71% - up 0.35 points to finish at 20.81.
- Nos SGPS SA (ELI:NOS) advanced 1.00%, gaining 0.05 points to close at 4.85.
- Semapa (ELI:SEM) was higher by 0.50%, ending the session at 20.30 after a 0.10-point increase.
Largest decliners
- EDP Renovaveis (ELI:EDPR) fell 1.81%, sliding 0.25 points to 13.59 at the close.
- CTT Correios de Portugal SA (ELI:CTT) lost 0.55%, down 0.04 points to 6.32.
- Teixeira Duarte (ELI:TDSA) declined 0.51% to 0.49, a movement recorded as a small negative change.
Market breadth on the Lisbon Stock Exchange showed more falling stocks than advancing ones, with 15 decliners versus 10 advancers and 5 securities finishing unchanged.
Commodities and currencies
- Brent crude for October delivery was higher by 0.71%, up 0.62 to trade at $87.69 per barrel.
- U.S. crude for September delivery rose 0.38%, or $0.31, to $81.56 a barrel.
- The December gold futures contract increased 0.64%, gaining $28.40 to trade at $4,448.80 a troy ounce.
On the currency front, the euro strengthened against the dollar, with EUR/USD up 0.44% to 1.16. EUR/GBP was essentially unchanged, moving 0.06% to 0.85. The U.S. Dollar Index futures declined 0.41% to 99.45.
The session's price moves underscore a mixed trading environment in Lisbon: selective strength in energy, telecoms and materials balanced by weakness in renewable energy and postal services. Commodity gains in oil and gold and a softer dollar accompanied the local equity action.