Portugal stocks are lower
Portugal stocks were lower after the close on Tuesday, as losses in the Technology, Financials and Telecoms sectors led shares lower.
At the close in Lisbon, the PSI fell 1.41% to hit a new 1-month low.
The best performers of the session on the PSI were CTT Correios de Portugal SA (ELI:CTT), which rose 1.17% or 0.05 points to trade at 4.33 at the close. Meanwhile, Sonae SGPS SA (ELI:YSO) added 0.66% or 0.01 points to end at 0.92 and Corticeira Amorim (ELI:CORA) was up 0.21% or 0.02 points to 9.60 in late trade.
The worst performers of the session were Mota Engil SGPS SA (ELI:MOTA), which fell 2.82% or 0.10 points to trade at 3.58 at the close. Banco Comercial Portugues (ELI:BCP) declined 2.79% or 0.01 points to end at 0.35 and The Navigator Company SA (ELI:NVGR) was down 2.41% or 0.09 points to 3.72.
Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 17 to 11 and 5 ended unchanged.
Brent oil for August delivery was up 0.59% or 0.48 to $82.11 a barrel. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.49% or 0.38 to hit $78.12 a barrel, while the August Gold Futures contract rose 0.07% or 1.55 to trade at $2,328.55 a troy ounce.
