Portugal stocks higher at close of trade; PSI up 0.21%

Investing.com – Portugal stocks were higher after the close on Thursday, as gains in the Telecoms, Basic Materials and Technology sectors led shares higher.

At the close in Lisbon, the PSI rose 0.21% to hit a new 5-year high.

The best performers of the session on the PSI were CTT Correios de Portugal SA (ELI:CTT), which rose 2.29% or 0.15 points to trade at 6.69 at the close. Meanwhile, Semapa (ELI:SEM) added 2.25% or 0.40 points to end at 18.20 and Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) was up 1.83% or 0.05 points to 2.79 in late trade.

The worst performers of the session were Altri SGPS SA (ELI:ALSS), which fell 4.81% or 0.31 points to trade at 6.14 at the close. Mota Engil SGPS SA (ELI:MOTA) declined 1.14% or 0.05 points to end at 4.15 and Galp Energia Nom (ELI:GALP) was down 0.99% or 0.14 points to 14.07.

Rising stocks outnumbered declining ones on the Lisbon Stock Exchange by 13 to 11 and 7 ended unchanged.

Shares in Semapa (ELI:SEM) rose to 5-year highs; rising 2.25% or 0.40 to 18.20.

Brent oil for July delivery was down 2.35% or 1.55 to $64.54 a barrel. Elsewhere in commodities trading, Crude oil for delivery in June fell 2.36% or 1.49 to hit $61.66 a barrel, while the June Gold Futures contract rose 1.00% or 31.99 to trade at $3,220.29 a troy ounce.

EUR/USD was unchanged 0.10% to 1.12, while EUR/GBP unchanged 0.15% to 0.84.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.

The US Dollar Index Futures was down 0.16% at 100.71.

GALP: A Bull or Bear Market Play?

Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks – 6 model portfolios fueled by AI stock picks with a stellar performance this year..In 2024 alone, ProPicks' AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record.With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies.So if GALP is on your watchlist, it could be very wise to know whether or not it made the ProPicks lists.

Unlock ProPicks now