Portugal's stock market closed higher on Friday, with the benchmark PSI finishing the trading day up 0.69% in Lisbon. Sector advances in Financials, Utilities and Telecoms provided the main upward momentum behind the index's gains.
At the close, the PSI rose 0.69%.
The session's leading performers included Teixeira Duarte (ELI:TDSA), which advanced 4.63% or 0.02 points to end at 0.50. Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) added 2.27% or 0.08 points to finish at 3.61. Mota Engil SGPS SA (ELI:MOTA) increased 1.13% or 0.05 points to close at 4.65.
On the downside, Ibersol SGPS (ELI:IBS) registered the largest drop among the listed names, falling 2.52% or 0.26 points to trade at 10.04 at the close. Corticeira Amorim (ELI:CORA) declined 0.91% or 0.06 points to end at 6.52. The Navigator Company SA (ELI:NVGR) was 0.06% or 0.00 points to 3.48.
Market breadth favored advancers: rising stocks outnumbered decliners on the Lisbon Stock Exchange by 22 to 5, while 4 stocks ended the session unchanged.
Commodity markets were mixed during the session. Brent oil for August delivery rose 1.01% or 0.81 to $80.66 a barrel. U.S. crude oil for July delivery moved up 0.05% or 0.04 to $76.64 a barrel. By contrast, the August Gold Futures contract fell 1.88% or 79.95 to trade at $4,165.95 a troy ounce.
In foreign exchange trading, EUR/USD was unchanged 0.07% to 1.15 and EUR/GBP was unchanged 0.08% to 0.87. The US Dollar Index Futures was down 0.02% at 100.60.
This session's readings reflect a modest positive outcome for the PSI, with select mid-cap and utility-related names among the day's beneficiaries. The distribution of winners and losers suggests focused buying interest rather than a broad market rally.