Portugal's main stock index ended the trading session in Lisbon with a decline of 0.40% after sectors including Telecoms, Basic Materials and Consumer Services posted losses that outweighed gains elsewhere.
At the close, the PSI registered the 0.40% fall overall. Market breadth was narrowly positive by count, with 12 stocks advancing, 11 retreating and 7 finishing unchanged on the Lisbon exchange.
Top gainers
- Banco Comercial Portugues (ELI:BCP) led the risers, climbing 1.71% - up 0.02 points to finish at 1.07.
- Ibersol SGPS (ELI:IBS) added 1.62%, or 0.15 points, to close at 9.42.
- Teixeira Duarte (ELI:TDSA) rose 1.04%, an increase of 0.01 points to 0.49 at the close.
Largest decliners
- Galp Energia Nom (ELI:GALP) posted the steepest decline, down 4.44% or 0.93 points to end the session at 20.03.
- Nos SGPS SA (ELI:NOS) fell 3.87%, a drop of 0.19 points to close at 4.72.
- Semapa (ELI:SEM) slipped 1.43%, down 0.29 points to finish at 19.96.
Commodities showed notable moves that accompanied the equity performance. Brent oil for September delivery decreased 4.65% - a loss of 4.68 to settle at $96.01 a barrel. U.S. crude for September delivery also declined, down 4.14% or 3.82 to $88.37 a barrel. In contrast, the August gold futures contract rose 0.71%, an increase of 28.67 to trade at $4,078.87 a troy ounce.
On the currency front, EUR/USD was essentially unchanged, moving 0.06% to 1.14, while EUR/GBP was flat at 0.85 with a 0.13% change recorded. The U.S. Dollar Index Futures eased 0.10% to 101.19.
The session in Lisbon showed a mix of sector pressure and isolated stock strength. While a small number of names outperformed, energy-related shares and a set of consumer and materials firms pulled the index lower amid wider weakness in oil contracts.
No additional corporate announcements, changes to fundamentals, or other market-moving events were reported within the trading update provided.