Portugal's benchmark PSI index finished the trading session in Lisbon down 0.26% as a trio of sectors - Basic Materials, Utilities and Industrials - contributed to the overall decline.
At the close, Banco Comercial Portugues (ELI:BCP) was the strongest performer on the PSI, rising 1.69% or 0.02 points to finish at 0.99. Corticeira Amorim (ELI:CORA) added 0.76% or 0.05 points to close at 6.62, and Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) gained 0.71% or 0.03 points to end the day at 3.56.
On the downside, Semapa (ELI:SEM) recorded the steepest drop, sliding 2.81% or 0.65 points to close at 22.50. Mota Engil SGPS SA (ELI:MOTA) declined 2.80% or 0.14 points to finish at 4.71, while Teixeira Duarte (ELI:TDSA) fell 2.13% or 0.01 points to 0.46 at the close.
Market breadth in Lisbon was balanced in numeric terms: 12 stocks declined, 12 advanced and 5 finished unchanged.
Commodities and futures
Energy contracts posted notable weakness. Brent oil for August delivery dropped 5.03% or 4.18 to $78.99 a barrel. US crude for July delivery fell 5.82% or 4.70 to $76.05 a barrel. Precious metals moved in the opposite direction, with the August Gold Futures contract rising 0.22% or 9.70 to trade at $4,361.30 a troy ounce.
Currencies and indexes
Currency pairs showed little movement. EUR/USD was recorded at 1.16, with the quoted change shown as 0.24%. EUR/GBP was reported at 0.86 with a quoted change of 0.03%. The US Dollar Index Futures declined 0.16% to 99.22.
Overall, the session saw selective buying in a few names while broader sector pressure left the PSI in negative territory. Movements in oil and gold were among the more pronounced shifts in global commodity markets reported during the trading day.