Market Overview#
Portugal's stock market experienced a positive close on Thursday, with the PSI index rising by 0.83%. This increase was largely fueled by gains in the Utilities, Consumer Services, and Telecoms sectors.
Top Performers#
Among the standout performers on the PSI, EDP Renovaveis saw a notable increase of 3.31%, trading at 13.42. Jeronimo Martins SGPS SA followed closely with a rise of 2.69%, ending the day at 22.18. Galp Energia also made gains, up 2.34% to reach 20.58.
Notable Declines#
On the other hand, some stocks faced declines. Teixeira Duarte dropped 4.82%, trading at 0.45, while Mota Engil SGPS SA fell by 4.81% to close at 4.55. Banco Comercial Portugues also saw a decrease of 3.34%, ending at 0.80.
Market Statistics#
In total, advancing stocks outnumbered those that fell, with 17 stocks gaining, 10 declining, and 4 remaining unchanged on the Lisbon Stock Exchange.
Commodity and Currency Updates#
In commodities, Brent oil for May delivery rose by 8.34% to $99.65 per barrel, while Crude oil for April delivery increased by 9.02% to $95.12. In contrast, April Gold Futures fell by 0.89% to $5,132.89 per troy ounce. Currency-wise, the EUR/USD remained steady at 1.15, and the US Dollar Index Futures rose by 0.40% to 99.62.
