Portugal stocks lower at close of trade; PSI down 0.75%

Portugal stocks were lower after the close on Monday, as losses in the Consumer Services, Telecoms and Consumer Goods sectors led shares lower.

At the close in Lisbon, the PSI declined 0.75% to hit a new 1-month low.

The best performers of the session on the PSI were Edp Renewables SA (ELI:EDPR), which rose 2.88% or 0.34 points to trade at 12.16 at the close. Meanwhile, Mota Engil SGPS SA (ELI:MOTA) added 2.81% or 0.13 points to end at 4.62 and Semapa (ELI:SEM) was up 2.09% or 0.40 points to 19.50 in late trade.

The worst performers of the session were Galp Energia Nom (ELI:GALP), which fell 10.84% or 2.49 points to trade at 20.47 at the close. Jeronimo Martins SGPS SA (ELI:JMT) declined 1.85% or 0.34 points to end at 18.04 and Nos SGPS SA (ELI:NOS) was down 0.97% or 0.05 points to 5.12.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 17 to 8 and 3 ended unchanged.

Brent oil for January delivery was down 0.29% or 0.32 to $111.38 a barrel. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.80% or 0.83 to hit $102.44 a barrel, while the December Gold Futures contract rose 0.77% or 30.85 to trade at $4,038.75 a troy ounce.

EUR/USD was unchanged 0.18% to 1.12, while EUR/GBP unchanged 0.05% to 0.84.

The US Dollar Index Futures was up 0.15% at 101.81.