Portugal's equity market ended Friday on a positive note, with the PSI rising 0.44% at the close in Lisbon after a session led by gains in the Financials, Utilities and Telecoms sectors.
On the PSI, Banco Comercial Portugues (BCP) was the session's top performer, climbing 1.17% to close at 1.12. The move took BCP to a five-year high at the session high. EDP Renovaveis (EDPR) added 0.73%, finishing the day at 13.83, while Corticeira Amorim (CORA) advanced 0.71% to end at 7.07.
Not all names participated in the rally. Ibersol SGPS (IBS) fell 0.58% to 10.36 at the close. Teixeira Duarte (TDSA) was reported as unchanged, ending at 0.48, while Jeronimo Martins SGPS SA (JMT) slipped 0.17% to finish at 17.97.
Market breadth on the Lisbon Stock Exchange favored rising issues by 14 to 10, with five stocks unchanged at the close.
Energy and commodity benchmarks moved lower across global markets during the session. Brent oil for November delivery declined 0.63% to $87.96 a barrel. US crude for October delivery fell 0.56% to $83.06 a barrel. In metals, the December gold futures contract dropped 2.15%, trading at $4,563.84 a troy ounce by the close.
Foreign exchange and dollar indicators showed the euro weakening against the dollar and largely flat against sterling. EUR/USD fell 0.51% to 1.16, while EUR/GBP was essentially unchanged at 0.86. The US Dollar Index Futures rose 0.47% to 99.55.
The session's listed movements include JMT -0.17%, BCP +1.17%, DX +0.47%, GC -2.14%, LCO -0.5%, CL -0.41%, PSI20 +0.44%, EDPR +0.73%, CORA +0.71%, IBS -0.58% and TDSA unchanged as reported. These figures reflect the day's price changes at the close of trade in Lisbon and in related commodity and futures markets.
Market note: The update summarizes closing prices, sector drivers and selected commodity and FX moves observed at the end of the trading day in Lisbon.