Portugal's stock market finished Friday's session with modest gains, with the PSI index up 0.15% at the close in Lisbon. Markets were buoyed by advances in the Industrials, Telecoms and Basic Materials sectors, which collectively helped push the gauge higher.
Among individual listings, Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) was the top performer on the PSI, climbing 3.79% - an increase of 0.14 points - to finish at 3.83. Energy company Galp Energia Nom (ELI:GALP) added 2.79% or 0.54 points to end the day at 19.69, while construction group Mota Engil SGPS SA (ELI:MOTA) rose 2.47% or 0.11 points to 4.73 by late trade.
On the downside, EDP Renovaveis (ELI:EDPR) declined 1.71% or 0.22 points to close at 12.64. Banco Comercial Portugues (ELI:BCP) slipped 1.65% or 0.01 points to 0.81, and Ibersol SGPS (ELI:IBS) fell 1.35% or 0.15 points to 10.95.
Overall, falling stocks outnumbered advancing issues on the Lisbon Stock Exchange by 16 to 12, with 3 shares finishing unchanged.
Notable intraday milestones included Galp Energia Nom (ELI:GALP) reaching a 52-week high during the session, moving up 2.79% to 19.69.
Commodity markets showed large moves on the day. Brent oil for May delivery rose 8.45% or 7.22 to $92.63 a barrel. U.S. crude for April delivery increased 11.46% or 9.28 to $90.29 a barrel. The April Gold Futures contract advanced 1.26% or 64.00 to trade at $5,142.70 a troy ounce.
Currency and related index moves were more subdued. EUR/USD was effectively unchanged at 1.16, reflecting a 0.08% move, while EUR/GBP was unchanged at 0.87, representing a 0.37% change. The US Dollar Index Futures declined 0.33% to 98.98.
This session left a mixed picture across sectors, with energy names among the day's leaders even as renewable-linked and banking stocks showed weakness. The balance between advancing and declining issues indicates a market with selective strength rather than broad-based momentum.