Portugal stocks higher at close of trade; PSI up 0.85%

Portugal stocks were higher after the close on Tuesday, as gains in the Utilities, Financials and Basic Materials sectors led shares higher.

At the close in Lisbon, the PSI added 0.85%.

The best performers of the session on the PSI were Edp Renewables SA (ELI:EDPR), which rose 3.37% or 0.41 points to trade at 12.57 at the close. Meanwhile, Banco Comercial Portugues (ELI:BCP) added 1.63% or 0.02 points to end at 1.09 and EDP Energias de Portugal SA (ELI:EDP) was up 1.56% or 0.07 points to 4.83 in late trade.

The worst performers of the session were CTT Correios de Portugal SA (ELI:CTT), which fell 2.00% or 0.11 points to trade at 5.39 at the close. Teixeira Duarte (ELI:TDSA) declined 1.51% or 0.01 points to end at 0.42 and Nos SGPS SA (ELI:NOS) was down 0.39% or 0.02 points to 5.10.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 15 to 11 and 2 ended unchanged.

Shares in CTT Correios de Portugal SA (ELI:CTT) fell to 52-week lows; falling 2.00% or 0.11 to 5.39.

Brent oil for January delivery was down 1.09% or 1.21 to $109.53 a barrel. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.68% or 1.71 to hit $100.05 a barrel, while the December Gold Futures contract rose 0.89% or 36.05 to trade at $4,074.45 a troy ounce.

EUR/USD was unchanged 0.30% to 1.11, while EUR/GBP unchanged 0.16% to 0.84.

The US Dollar Index Futures was up 0.31% at 102.12.