Market close overview
The Lisbon stock market finished Thursday in negative territory, with the PSI index ending the session down 0.52%. Sector declines in Technology, Utilities and Industrials were the primary drivers of the downward move.
Top movers
- Galp Energia Nom (GALP) led the winners on the PSI, climbing 2.07% or 0.38 points to close at 18.70. The stock advanced to a 52-week high during the session.
- Ibersol SGPS (IBS) added 0.44% or 0.05 to finish the day at 11.30.
- Corticeira Amorim (CORA) rose 0.29% or 0.02 to end at 7.02.
Largest decliners
- Semapa (SEM) recorded the steepest drop, falling 1.89% or 0.45 points to close at 23.40.
- Teixeira Duarte (TDSA) declined 1.88% or 0.01 to 0.52 at the close.
- Mota Engil SGPS SA (MOTA) slipped 1.84% or 0.10 to end the session at 5.05.
Market breadth and activity
On the Lisbon exchange, decliners outnumbered advancers by 17 to 7, while 6 stocks finished unchanged. The negative breadth accompanied the PSI's 0.52% decline at the close.
Commodities and broader markets
Commodity markets registered gains during the session. Brent oil for April delivery rose 2.22% or 1.56 to $71.91 a barrel. Light sweet crude for April delivery increased 2.49% or 1.62 to $66.67 a barrel. The April gold futures contract was up 0.14% or 7.11, trading at 5,016.61 a troy ounce.
Currency moves
Major currency pairs saw little change. The euro-dollar rate (EUR/USD) was essentially unchanged, reported at 1.18 with a 0.20% notation, while the euro-pound (EUR/GBP) was also described as unchanged at 0.87 with a 0.16% notation. The US Dollar Index Futures was higher by 0.23%, trading at 97.85.
Context and limitations
This report records closing prices, sector performance and selected commodity and currency movements for the session described. It does not provide causal explanations beyond the session figures or projections for future performance.