Portugal's benchmark PSI index closed lower on Friday, ending the session down 0.12% as losses in Basic Materials, Consumer Goods and Consumer Services weighed on the market.
At the close in Lisbon the PSI slipped 0.12%.
Top performers
The session's strongest contributors included Mota Engil SGPS SA (ELI:MOTA), which rose 1.37% or 0.06 points to finish at 4.75. Telecom operator Nos SGPS SA (ELI:NOS) also advanced, adding 1.06% or 0.06 points to end at 5.26. Teixeira Duarte (ELI:TDSA) registered a gain of 0.82% and closed at 0.43.
Lagging stocks
On the downside, Corticeira Amorim (ELI:CORA) led losses with a drop of 2.24% or 0.15 points to 6.54 at the close. Altri SGPS SA (ELI:ALSS) declined 1.49% or 0.08 points to 4.95, while EDP Energias de Portugal SA (ELI:EDP) fell 1.15% or 0.05 points to 4.37.
Market breadth
On the Lisbon Stock Exchange decliners and advancers were balanced numerically, with 12 stocks falling and 12 rising. An additional 5 issues finished unchanged.
Commodities and currencies
In commodities trading, Brent oil for August delivery was down 1.56% or 1.45 to $91.25 a barrel. U.S. crude for July delivery fell 1.26% or 1.12 to $87.78 a barrel. The August Gold Futures contract rose 1.43% or 64.72 to trade at $4,597.12 a troy ounce.
On the currencies front, EUR/USD was effectively unchanged, moving 0.21% to 1.17, while EUR/GBP was virtually flat at 0.87, unchanged by 0.01%. The US Dollar Index Futures was down 0.18% at 98.79.
Overall, Friday's session left the PSI fractionally lower after a day of mixed sector performance, with construction-related and telecom names making gains even as basic materials and energy names declined.