Portugal's stock market ended the trading session in Lisbon on Thursday with a modest decline, as sector losses in Utilities, Industrials and Technology pushed the benchmark lower.
At the close, the PSI slipped 0.30%.
Top gainers
The session's strongest performers on the PSI included Altri SGPS SA (ELI:ALSS), which climbed 1.45% or 0.07 points to finish at 4.90. Nos SGPS SA (ELI:NOS) rose 1.39% or 0.07 points to end the day at 5.11, and The Navigator Company SA (ELI:NVGR) added 1.17% or 0.04 points to close at 3.45.
Top decliners
On the downside, EDP Renovaveis (ELI:EDPR) led losses, falling 2.67% or 0.36 points to 13.14 at the close. Mota Engil SGPS SA (ELI:MOTA) dropped 2.24% or 0.12 points to finish at 5.23, while EDP Energias de Portugal SA (ELI:EDP) declined 2.01% or 0.09 points to 4.40.
Market breadth on the Lisbon Stock Exchange was narrowly positive in terms of counts: 13 stocks advanced, 12 declined and 4 finished unchanged.
Notably, shares of Nos SGPS SA (ELI:NOS) reached a five-year high during the session, closing up 1.39% or 0.07 at 5.11.
Commodities and currencies
Energy markets moved higher in tandem with the session. Brent oil for May delivery rose 1.95% or 1.38 to $72.07 a barrel. U.S. crude for April delivery increased 1.67% or 1.09 to $66.51 a barrel. Precious metals saw downside pressure, with the April Gold Futures contract falling 0.43% or 22.55 to trade at $5,203.65 a troy ounce.
Foreign exchange markets were mixed. EUR/USD was effectively flat, changing 0.18% to 1.18, while EUR/GBP remained steady at 0.87 with a reported change of 0.29%. The US Dollar Index Futures was up 0.15% at 97.77.
What this means
The session reflected a mild pullback in the Portuguese market, led by losses in certain large sectors despite gains among select industrial and technology-related names. Commodity moves were tilted toward higher oil prices and a weaker gold contract for the April expiry, while major currency pairs showed little directional change.
Note: Market prices and percentages above reflect closing levels reported for the session.