Market Overview#
Portugal's stock market closed higher on Tuesday, with the PSI index increasing by 1.18%. This rise was primarily fueled by positive movements in the Technology, Utilities, and Consumer Services sectors.
Top Performers#
Among the biggest gainers on the PSI were: - Galp Energia: Up 3.00%, closing at 20.92. - Semapa: Increased by 1.67%, ending at 21.35. - EDP Renovaveis: Rose by 1.65%, finishing at 12.96.
Notable Declines#
On the other hand, some stocks faced losses: - Teixeira Duarte: Down 1.66%, trading at 0.41. - CTT Correios de Portugal: Fell 0.67%, closing at 5.95. - Mota Engil: Decreased by 0.28%, ending at 4.28.
Overall, advancing stocks outnumbered those that declined, with 18 stocks gaining, 5 losing, and 7 remaining unchanged on the Lisbon Stock Exchange.
Commodity and Currency Updates#
In commodities, Brent crude oil for June delivery rose by 4.63% to $100.36 per barrel. Crude oil for May delivery also increased by 5.51%, reaching $92.99 per barrel. However, June Gold Futures saw a slight decline of 0.26%, trading at $4,427.90 per troy ounce.
In currency markets, the EUR/USD exchange rate remained stable at 1.16, while the EUR/GBP was slightly unchanged at 0.87. The US Dollar Index Futures rose by 0.68%, reaching 99.40.