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Portugal’s PSI index falls 0.60% as broad declines weigh on market

The Lisbon Stock Exchange’s benchmark index retreated on Thursday, led by losses in consumer services, utilities and technology. Brent crude and gold futures rose during the session.

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Priya Anand · Equities & Earnings Desk · 27 Aug 2026 · 17:01 · 1 min read
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Portugal’s PSI index falls 0.60% as broad declines weigh on market

Portugal’s PSI index closed 0.60% lower on Thursday as declines in consumer services, utilities and technology shares weighed on the Lisbon Stock Exchange.

The benchmark index fell to a session low after declining stocks outnumbered advancers by 15 to 12, with six issues ending unchanged. The broader retreat followed a mixed regional session as European equities showed limited direction ahead of key U.S. data releases.

Among individual movers, construction group Mota Engil led gainers with a 3.88% rise to 4.82 euros, while logistics operator CTT Correios added 0.46% to 6.59 euros. Teixeira Duarte ended flat at 0.48 euros.

On the downside, energy group Galp Energia led decliners with a 2.08% drop to 20.71 euros, followed by grid operator Redes Energéticas Nacionais, which fell 1.54% to 3.51 euros. Retail group Jerónimo Martins slipped 0.88% to 18.00 euros.

Commodities showed divergent moves. Brent crude for November delivery rose 0.66% to $87.51 a barrel, while U.S. crude for October delivery gained 0.54% to $82.67 a barrel. Gold futures for December delivery edged up 0.16% to $4,660.95 per troy ounce.

The euro held steady against the dollar, with EUR/USD trading flat at 1.17, while EUR/GBP was little changed at 0.86. The U.S. Dollar Index futures fell 0.02% to 99.07.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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