Portugal stocks lower at close of trade; PSI down 0.92%

Portugal stocks were lower after the close on Wednesday, as losses in the Industrials, Financials and Basic Materials sectors led shares lower.

At the close in Lisbon, the PSI declined 0.92% to hit a new 1-month low.

The best performers of the session on the PSI were Sonae SGPS SA (ELI:YSO), which rose 1.48% or 0.03 points to trade at 2.06 at the close. Meanwhile, Ibersol SGPS (ELI:IBS) added 0.81% or 0.08 points to end at 9.95 and Galp Energia Nom Class B (ELI:GALP) was up 0.23% or 0.05 points to 21.92 in late trade.

The worst performers of the session were Altri SGPS SA (ELI:ALSS), which fell 3.58% or 0.16 points to trade at 4.31 at the close. Mota Engil SGPS SA (ELI:MOTA) declined 3.40% or 0.16 points to end at 4.66 and Teixeira Duarte (ELI:TDSA) was down 2.81% or 0.01 points to 0.45.

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

Brent oil for December delivery was down 0.08% or 0.08 to $100.50 a barrel. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.98% or 0.88 to hit $88.56 a barrel, while the December Gold Futures contract fell 1.18% or 49.53 to trade at $4,137.57 a troy ounce.

EUR/USD was down 0.59% to 1.12, while EUR/GBP unchanged 0.17% to 0.85.

The US Dollar Index Futures was up 0.45% at 102.06.