Portugal stocks lower at close of trade; PSI down 1.19%

Published:2025-03-11 03:02:30
Portugal stocks lower at close of trade; PSI down 1.19%

Investing.com – Portugal stocks were lower after the close on Monday, as losses in the Financials, Technology and Industrials sectors led shares lower.

At the close in Lisbon, the PSI declined 1.19%.

The best performers of the session on the PSI were Sonae SGPS SA (ELI:YSO), which rose 1.58% or 0.02 points to trade at 1.03 at the close. Meanwhile, EDP Renovaveis (ELI:EDPR) added 1.46% or 0.12 points to end at 8.35 and Jeronimo Martins SGPS SA (ELI:JMT) was up 0.79% or 0.16 points to 20.36 in late trade.

The worst performers of the session were Banco Comercial Portugues (ELI:BCP), which fell 4.15% or 0.02 points to trade at 0.53 at the close. Mota Engil SGPS SA (ELI:MOTA) declined 3.53% or 0.11 points to end at 3.12 and CTT Correios de Portugal SA (ELI:CTT) was down 2.57% or 0.18 points to 6.82.

Falling stocks outnumbered advancing ones on the Lisbon Stock Exchange by 17 to 10 and 3 ended unchanged.

Shares in Sonae SGPS SA (ELI:YSO) rose to 52-week highs; rising 1.58% or 0.02 to 1.03.

Brent oil for May delivery was down 1.17% or 0.82 to $69.54 a barrel. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.15% or 0.77 to hit $66.27 a barrel, while the April Gold Futures contract fell 0.45% or 13.15 to trade at $2,900.95 a troy ounce.

EUR/USD was unchanged 0.00% to 1.08, while EUR/GBP unchanged 0.26% to 0.84.

The US Dollar Index Futures was up 0.07% at 103.89.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.Which stock should you buy in your very next trade?

AI computing powers are changing the stock market. Investing.com's ProPicks AI includes 6 winning stock portfolios chosen by our advanced AI. 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%. Which stock will be the next to soar?

Unlock ProPicks AI