Portugal's equity market ended Wednesday with broad gains, with the PSI index rising 1.84% to a fresh five-year high.
Sector contributions were led by Financials, Industrials and Utilities, which collectively helped push the benchmark higher into the close in Lisbon.
Top and bottom performers
- Teixeira Duarte (ELI:TDSA) led the session's gainers, rising 9.25% or 0.04 points to close at 0.45.
- Mota Engil SGPS SA (ELI:MOTA) added 6.64% or 0.29 points to finish at 4.72.
- CTT Correios de Portugal SA (ELI:CTT) was up 5.80% or 0.35 points, ending the day at 6.38.
- Galp Energia Nom (ELI:GALP) was the largest decliner listed, falling 3.14% or 0.66 points to close at 20.35.
- Ibersol SGPS (ELI:IBS) slipped 0.46% or 0.05 points to end at 10.75.
- Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) was recorded up 0.67% or 0.03 points to 3.76, and was included among the session's lesser performers in the report.
Market breadth in Lisbon favored advancing names: rising stocks outnumbered decliners by 20 to 8, with 5 issues unchanged at the close.
Commodities and currencies
Energy markets moved lower on the session. Brent oil for June delivery traded down 1.75% or 1.82 to $102.15 a barrel. U.S. crude for May delivery fell 1.31% or 1.33 to $100.05 a barrel. Precious metals were higher, with the June Gold Futures contract up 2.83% or 132.25 to trade at $4,810.85 a troy ounce.
In foreign exchange, the euro strengthened against the dollar, with EUR/USD up 0.49% to 1.16. EUR/GBP was reported unchanged at 0.21% to 0.87. The U.S. Dollar Index Futures traded lower, down 0.52% at 99.24.
This session's close left Portugal's PSI at levels not seen in five years, driven by sector-led gains and mixed moves across energy, metals and currency markets.