Lisbon Stocks Drop as PSI Hits One-Month Low; Utilities and Materials Weigh
Portugal's benchmark PSI slipped 1.26% to a fresh one-month low as the Utilities, Consumer Services and Basic Materials sectors led declines. Broader market breadth favored losers, while energy benchmarks rallied and gold retreated. Select stocks including Galp Energia and CTT outperformed despite the overall sell-off.