Portugal's benchmark PSI finished the Friday session in negative territory, falling 0.30% at the close in Lisbon after selling pressure in several large sectors. The Financials, Technology and Utilities sectors were the primary drags on the index during the trading day.
On a stock-by-stock basis, Nos SGPS SA (ELI:NOS) led the winners, advancing 2.54% - a rise of 0.12 points - to close at 4.85. Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) also posted gains, adding 1.62% or 0.06 points to finish at 3.76. Teixeira Duarte (ELI:TDSA) rounded out the top performers, up 1.15% or 0.01 points to 0.53 at the close.
Among decliners, Banco Comercial Portugues (ELI:BCP) was the weakest large-cap contributor, sliding 2.52% or 0.02 points to end at 0.86. EDP Energias de Portugal SA (ELI:EDP) fell 1.63%, a drop of 0.07 points, to 4.29, while Galp Energia Nom (ELI:GALP) declined 0.81% or 0.14 points to close at 17.68.
Market breadth showed more advancing issues than decliners on the Lisbon exchange, with 16 stocks rising, 12 falling and 5 finishing unchanged.
Two names registered five-year highs during the session. Shares of Nos SGPS SA (ELI:NOS) rose to a five-year peak, closing at 4.85 after a 2.54% increase. Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) also reached a five-year high, ending the day at 3.76 following a 1.62% gain.
Commodities and foreign-exchange markets showed modest movement alongside the equity session. Brent crude for April delivery edged up 0.18%, or $0.12, to $67.64 a barrel. U.S. crude for March delivery slipped 0.06%, or $0.04, to $62.80 a barrel. The April Gold Futures contract rose 1.76%, an increase of 87.29, to trade at 5,035.69 a troy ounce.
In currency pairs, the euro was essentially flat against major peers. EUR/USD was unchanged, moving by 0.03% to 1.19, while EUR/GBP registered no significant change, quoted at 0.87 with a 0.15% move. The U.S. Dollar Index Futures was slightly lower, down 0.07% to 96.77.
For market participants tracking Portugal's equity scene, Friday's session delivered a mild net loss for the PSI despite a larger number of advancing stocks. Energy and utility names were among those that underperformed, while specific telecom and construction stocks posted the day's strongest gains.