Portugal's main equity gauge finished higher on Thursday, with the PSI closing up 0.57% in Lisbon after a session where Financials, Basic Materials and Industrials provided the bulk of upward momentum.
The session's strongest performer on the PSI was The Navigator Company SA (ELI:NVGR), which climbed 2.83% - a 0.09 point increase - to end the day at 3.42. Banco Comercial Portugues (ELI:BCP) followed, rising 1.95% or 0.02 points to close at 0.94, and Altri SGPS SA (ELI:ALSS) added 1.91% - a 0.10 point gain - to finish at 5.07.
On the downside, Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) was the weakest name among the main movers, slipping 0.42% or 0.02 points to 3.59 at the close. Nos SGPS SA (ELI:NOS) declined 0.38% - a 0.02 point drop - to finish at 5.30, while EDP Renovaveis (ELI:EDPR) eased 0.14% or 0.02 points to 14.16.
Breadth on the Lisbon exchange tilted positive, with rising stocks outnumbering decliners by 13 to 9, and 6 issues ending unchanged.
Market context
In commodities trading, Brent oil for July delivery retreated 0.90% or 0.95 to $104.68 a barrel. U.S. crude for June delivery was down 0.35% or 0.35, trading at $100.67 a barrel. Precious metals also slipped, with the June Gold Futures contract falling 0.52% or 24.65 to $4,682.05 a troy ounce.
Currency moves were modest in the session. EUR/USD was unchanged 0.32% to 1.17, while EUR/GBP was unchanged 0.06% to 0.87. The US Dollar Index Futures rose 0.23% to 98.65.
Summary perspective
The close reflected selective strength across Financials, Basic Materials and Industrials, with several individually notable gainers and a small set of declines concentrated in energy and telecom-linked names. Commodities and currency fluctuations were present but muted relative to the equity moves.