Portugal's equity market finished the Friday session lower, with the PSI index closing down 0.92% in Lisbon. Sectoral losses in Industrials, Basic Materials and Telecoms were the primary forces behind the pullback, leaving the benchmark in negative territory at the bell.
On an individual basis, EDP Energias de Portugal SA (ELI:EDP) was effectively flat, registering an unchanged 0.09% or 0.00 points to end the session at 4.53. Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) eased 0.27% or 0.01 points to finish at 3.74, while Ibersol SGPS (ELI:IBS) declined 0.34% or 0.04 points to close at 11.76.
The heaviest percentage drops were recorded by several names in the Industrials and Basic Materials groups. Mota Engil SGPS SA (ELI:MOTA) led the decliners, falling 2.59% or 0.12 points to trade at 4.67 at the close. The Navigator Company SA (ELI:NVGR) slipped 2.14% or 0.07 points to end at 3.30, and Semapa (ELI:SEM) was down 1.99% or 0.45 points to 22.20.
Market breadth on the Lisbon Stock Exchange favored falling stocks, with 18 issues down against nine that advanced and three that finished unchanged.
Commodities moved unevenly during the session. Brent oil for June delivery declined 0.14% or 0.15 to $104.92 a barrel. U.S. crude for June delivery fell 1.93% or 1.85 to $94.00 a barrel. In metals trading, the June Gold Futures contract rose 0.31% or 14.86 to trade at $4,738.86 a troy ounce.
Currency markets recorded modest shifts. EUR/USD was reported at 1.17, showing an unchanged 0.27% move, while EUR/GBP was quoted at 0.87, unchanged by 0.02%. The US Dollar Index Futures eased 0.20% to 98.40.
Overall, Friday's session left the PSI lower and showed a market where declines outnumbered advances, with particular pressure evident among industrials and materials-related names.