Portugal's stock market closed with a slight gain on Wednesday, driven by advances in the Financials, Consumer Goods and Consumer Services sectors.
At the Lisbon close the PSI was up 0.08%.
Among individual names, Sonae SGPS SA (ELI:YSO) was one of the top performers, finishing the session higher by 1.46% - a rise of 0.03 points to close at 2.09. CTT Correios de Portugal SA (ELI:CTT) also recorded a 1.46% increase, adding 0.09 points to end at 6.27. Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) climbed 1.01%, or 0.04 points, to 3.49 in late trading.
On the downside, EDP Renovaveis (ELI:EDPR) led the decliners, slipping 1.78% - down 0.24 points to finish at 13.22. Mota Engil SGPS SA (ELI:MOTA) fell 1.08%, a decrease of 0.05 points to 4.56, while Altri SGPS SA (ELI:ALSS) lost 1.04%, or 0.05 points, to close at 4.74.
Market breadth in Lisbon showed more falling names than advancing ones: 14 stocks declined versus 11 advancers, while 6 shares ended the session unchanged.
Commodities and currencies moved in mixed fashion during the session. Brent crude for October delivery rose 0.32%, gaining 0.25 to trade at $79.61 a barrel. By contrast, crude oil for September delivery slipped 0.21%, or 0.16, to $75.61 a barrel. Precious metals posted a notable move as the December Gold Futures contract increased 3.41%, a jump of 141.74, to trade at $4,294.34 a troy ounce.
In foreign exchange markets, EUR/USD was effectively unchanged, moving 0.10% to 1.15, and EUR/GBP was flat at 0.86, with a 0.01% change. The US Dollar Index Futures was lower by 0.12%, trading at 99.62 at the close.
This session reflected modest upward pressure on the headline index despite a larger number of individual declines. Gains were concentrated in a few names and sectors, while commodities and FX showed mixed, contained moves that accompanied the equity trading day.