Lisbon - Portugal's main stock index, the PSI, closed lower on Tuesday, slipping 0.45% as declines in the Consumer Services, Financials and Telecoms sectors helped push the market down.
At the close of trading in Lisbon, the PSI was down 0.45%.
Among individual stocks, the session's leaders included Galp Energia Nom (ELI:GALP), which advanced 1.19% or 0.23 points to finish at 19.13. Semapa (ELI:SEM) was up 0.67% or 0.15 points, closing at 22.60, and EDP Renovaveis (ELI:EDPR) rose 0.60% or 0.08 points to end the session at 13.41.
At the other end of the PSI, Ibersol SGPS (ELI:IBS) recorded the largest drop, falling 3.07% or 0.38 points to close at 12.00. Jeronimo Martins SGPS SA (ELI:JMT) declined 2.46% or 0.52 points to finish at 20.62, while Banco Comercial Portugues (ELI:BCP) slipped 1.19% or 0.01 points to end at 0.88.
Market breadth on the Lisbon exchange was negative for the day: 15 stocks fell versus 10 that rose, and 4 closed unchanged.
Commodities and benchmarks
- Brent oil for June delivery increased 2.51% or 2.40, trading at $97.88 a barrel.
- Crude oil for June delivery rose 2.68% or 2.34 to $89.76 a barrel.
- The June Gold Futures contract fell 1.55% or 74.79 to trade at $4,754.01 a troy ounce.
Foreign exchange and dollar
- EUR/USD was unchanged 0.29% to 1.18, while EUR/GBP unchanged 0.14% to 0.87.
- The US Dollar Index Futures was up 0.22% at 98.12.
The session left the PSI modestly lower overall, with energy and renewables among the names that outperformed, while several consumer-facing and financial stocks lagged. Traders monitored commodity moves, where crude benchmarks climbed and gold retreated, and currency pairs showed only limited variation by the close.