Portugal's equity market finished Tuesday with a marginal gain, as sector strength in Telecoms, Consumer Services and Basic Materials helped lift the PSI by 0.19% at the close in Lisbon.
Leading the winners on the PSI was Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE), which rose 1.84% - adding 0.07 points to finish at 3.60. Nos SGPS SA (ELI:NOS) advanced 1.40%, or 0.08 points, to end the session at 5.42. Altri SGPS SA (ELI:ALSS) also posted gains, up 0.98% or 0.05 points to close at 5.14.
On the downside, Mota Engil SGPS SA (ELI:MOTA) was the weakest performer of the day, sliding 1.66% or 0.08 points to settle at 4.85. Teixeira Duarte (ELI:TDSA) was reported unchanged - showing 0.83% or 0.00 points to finish at 0.42. CTT Correios de Portugal SA (ELI:CTT) fell 0.78%, a decline of 0.05 points, to end the session at 6.34.
Market breadth on the Lisbon Stock Exchange was evenly balanced: 12 stocks declined, 12 advanced and 3 remained unchanged.
Commodity markets recorded mixed moves during the trading day. Brent crude for July delivery declined 1.02%, slipping $1.14 to $110.96 a barrel. U.S. crude for July delivery fell 0.46%, down $0.48 to $103.90 a barrel. In precious metals, the June Gold Futures contract decreased 1.16% - a drop of $52.90 - to trade at $4,505.10 a troy ounce.
Currency trading showed the euro underperforming against the dollar while holding steady versus sterling. EUR/USD was down 0.50% at 1.16, and EUR/GBP was unchanged at 0.87 with a 0.26% reading. The US Dollar Index Futures traded higher, up 0.22% at 99.32.
Market snapshot:
- PSI - up 0.19% at close.
- Top gainers included ELI:RENE (+1.84%), ELI:NOS (+1.40%), ELI:ALSS (+0.98%).
- Top decliners included ELI:MOTA (-1.66%) and ELI:CTT (-0.78%); ELI:TDSA reported unchanged.
- Key commodities: Brent -1.02% ($110.96), WTI -0.46% ($103.90), Gold -1.16% ($4,505.10).
- FX: EUR/USD -0.50% (1.16), EUR/GBP unchanged (0.87), US Dollar Index Futures +0.22% (99.32).
The session painted a picture of modest upward momentum on Portuguese equities, concentrated in a few sectors while commodity and currency markets moved in varied directions during the same trading period.