Portugal stocks higher at close of trade; PSI up 0.78%

Portugal's stock market ended the trading day higher on Friday, with the PSI climbing 0.78% to a fresh three-month peak. The main drivers behind the upward trend were the Consumer Services, Industrials and Basic Materials sectors, where shares showed notable gains. Among the top performers were Jeronimo Martins SGPS SA, which surged 3.24% and Corticeira Amorim, gaining 3.10%.

Meanwhile, EDP Energias de Portugal SA faced the steepest decline of the day, slipping 0.65%. The worst movers included EDP Renovaveis and Ren Redes Energeticas Nacionais SGPS SA, both edging down 0.59% and 0.14% respectively. On the day, the number of stocks that closed higher surpassed those that fell, with 19 outperforming and only 6 finishing unchanged. The US Dollar Index Futures saw a slight decline of 0.08% at 98.74.