Lisbon equity trading ended the session with a modest gain on Wednesday as selective sector strength in Consumer Services, Telecoms and Basic Materials helped push the PSI higher.
At the close in Lisbon the PSI rose 0.24%.
Among individual stocks, EDP Renovaveis (ELI:EDPR) was the session's top performer on the benchmark, gaining 1.00% or 0.14 points to finish at 14.18. Telecoms group Nos SGPS SA (ELI:NOS) added 0.95% or 0.05 points to close at 5.32, while food and retail name Jeronimo Martins SGPS SA (ELI:JMT) rose 0.94% or 0.17 points to 18.21 in late trade.
On the downside, postal operator CTT Correios de Portugal SA (ELI:CTT) was the weakest listed stock, slipping 1.09% or 0.07 points to end at 6.34. Ibersol SGPS (ELI:IBS) fell 0.68% or 0.08 points to 11.62, and Galp Energia Nom (ELI:GALP) declined 0.54% or 0.11 points to trade at 19.31 at the close.
Market breadth on the Lisbon Stock Exchange was narrowly positive, with 14 stocks advancing, 13 declining and three unchanged.
Macro and commodity moves
Commodity markets moved unevenly during the session. Brent oil for July delivery lost 1.52% or 1.64 to trade at $106.13 a barrel. U.S. crude for June delivery fell 0.41% or 0.42, settling at $101.76 a barrel.
Precious metals recorded gains as June Gold Futures rose 0.45% or 21.00 to trade at $4,707.70 a troy ounce.
Foreign exchange and dollar
In currency markets, EUR/USD was essentially unchanged, moving 0.21% to 1.17, while EUR/GBP registered a 0.07% move to 0.87. The U.S. Dollar Index Futures was up 0.21% at 98.39.
Implications and context
The session’s modest index gain came amid a split between winners and losers across sectors, with the consumer, telecoms and basic materials groups leading advances. Energy-related names such as Galp underperformed on the day while renewable-focused EDP Renovaveis outperformed, reflecting divergent moves within the broader energy complex.
With oil prices lower and the dollar slightly stronger, commodity-sensitive sectors and exporters may face mixed near-term pressures. The narrow breadth indicates that the market move was not broadly based across the exchange.
Session snapshot
- PSI: +0.24%
- Top gainers: EDP Renovaveis (ELI:EDPR) +1.00% to 14.18; Nos (ELI:NOS) +0.95% to 5.32; Jeronimo Martins (ELI:JMT) +0.94% to 18.21
- Top losers: CTT (ELI:CTT) -1.09% to 6.34; Ibersol (ELI:IBS) -0.68% to 11.62; Galp (ELI:GALP) -0.54% to 19.31
- Advancers/Decliners: 14/13 with 3 unchanged
- Brent (July): $106.13, down 1.52%
- U.S. crude (June): $101.76, down 0.41%
- June Gold Futures: $4,707.70, up 0.45%
- EUR/USD: 1.17; EUR/GBP: 0.87; U.S. Dollar Index Futures: 98.39