Portugal's stock market finished higher on Wednesday, with gains concentrated in the Industrials, Technology and Consumer Services sectors that helped lift the benchmark at the close in Lisbon.
At the closing bell, the PSI was up 0.58%.
Top performers
- Mota Engil SGPS SA (ELI:MOTA) led the session's winners, rising 4.55% - an increase of 0.21 points - to close at 4.78.
- Galp Energia Nom (ELI:GALP) added 2.13%, or 0.42 points, ending the day at 20.11.
- Sonae SGPS SA (ELI:YSO) advanced 1.68% - up 0.03 points - to finish at 1.94.
Laggers
- Banco Comercial Portugues (ELI:BCP) was the weakest name among the larger movers, slipping 0.83% or 0.01 points to close at 0.83.
- Nos SGPS SA (ELI:NOS) declined 0.38%, a fall of 0.02 points, to land at 5.29.
- Corticeira Amorim (ELI:CORA) eased 0.31% or 0.02 points to close at 6.35.
Market breadth in Lisbon favoured advancing stocks, with 19 issues closing higher against seven that fell, and three names finishing unchanged.
Galp Energia (ELI:GALP) additionally reached a 52-week high during the session, gaining 2.13% or 0.42 points to finish at 20.11.
Commodities and currency moves
Energy markets showed notable strength: Brent crude for May delivery rose 4.38% - a gain of 3.85 - to trade at $91.65 per barrel. U.S. crude for April delivery climbed 3.91% or 3.26 to settle at $86.71 a barrel.
Precious metals moved in the opposite direction, with the April Gold Futures contract falling 1.06% or 55.31 to trade at $5,186.79 a troy ounce.
In foreign exchange trading, the euro held essentially steady: EUR/USD was unchanged at 1.16, reflecting a 0.29% move, while EUR/GBP was effectively unchanged at 0.86, a 0.27% move. The US Dollar Index Futures traded higher, up 0.39% at 99.19.
The session's performance reflected sector-driven gains and broader commodity price moves, particularly in oil, which likely supported energy-linked names in the PSI roster.