Portugal's stock market finished the trading day modestly weaker on Tuesday as losses in Consumer Goods, Consumer Services and Utilities trimmed the overall headline. At the close in Lisbon the PSI index ended down 0.04%.
Among individual movers, Corticeira Amorim (ELI:CORA) led gains on the PSI, rising 5.16% or 0.33 points to finish at 6.73. Semapa (ELI:SEM) gained 2.18% or 0.50 points to close at 23.45, while Nos SGPS SA (ELI:NOS) advanced 1.83% or 0.10 points to 5.55 in late trade.
On the downside, Ibersol SGPS (ELI:IBS) fell 1.97% or 0.24 points to end at 11.94. Teixeira Duarte (ELI:TDSA) declined 1.40% or 0.01 points to 0.42, and EDP Energias de Portugal SA (ELI:EDP) was down 0.82% or 0.04 points to 4.35 at the close.
Market breadth in Lisbon was balanced by the close: decliners and advancers were equal at 12 apiece, and five issues finished unchanged.
Commodities and currencies
Energy contracts moved lower during the session. Brent oil for July delivery fell 3.39% or $3.88 to $110.56 a barrel. U.S. crude for June delivery dropped 4.11% or $4.37 to $102.05 a barrel. Precious metals were firmer, with the June Gold Futures contract up 0.90% or $40.61 to trade at $4,573.91 a troy ounce.
Foreign-exchange trading was relatively subdued. The euro was essentially unchanged against the dollar, with EUR/USD up 0.12% to 1.17, while EUR/GBP was unchanged at 0.86. The U.S. Dollar Index Futures edged down 0.04% to 98.22.
Overall, the session saw a handful of notable individual winners and losers against a nearly flat market backdrop. Gains for cork, industrial and telecommunications names contrasted with weakness in restaurants, construction and an energy utility, while commodity price moves added an additional layer of market context heading into the next session.