Portugal’s equities closed higher on Tuesday, with the PSI index rising 0.57% to reach a three-month peak in Lisbon.
Gains were broad-based across the industrials, utilities and technology sectors, with advancing stocks outnumbering decliners by 14 to 7. Nine issues were unchanged on the Lisbon Stock Exchange at the close.
Among the top performers, construction group Mota Engil SGPS SA led with a 3.46% rise to 4.66, while renewable energy firm EDP Renovaveis SA added 2.00% to 13.77. Restaurant operator Ibersol SGPS SA climbed 1.98% to 10.30.
The gains were partially offset by declines in energy and materials. Galp Energia Nom SA fell 0.70% to 21.28, while paper producer The Navigator Company SA slipped 0.67% to 3.27. Altri SGPS SA dropped 0.52% to 4.75.
Commodities showed mixed performance. Brent crude for November delivery fell 3.43% to $87.43 per barrel, while U.S. crude for October delivery declined 3.35% to $82.16 per barrel. December gold futures edged up 0.14% to $4,704.44 per troy ounce.
The euro held steady against the dollar, with EUR/USD trading flat at 1.17, while EUR/GBP remained unchanged at 0.86. The U.S. Dollar Index futures slipped 0.05% to 98.88.
