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Lisbon shares close lower as banking stocks weigh; Portucel, PT outperform
| 09 May 2008 | 11:53 AM ET
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LISBON (Thomson Financial) - Shares closed lower in thin trade, but outperformed their weak European peers, as Portucel and Portugal Telecom prevented further losses, while domestic banks weighed on the index.

The PSI 20 index closed down 70.12 points at 11,177.26, after trading in a range of 11,156 to 11,259.

chico.laxmidas@thomsonreuters.com scl/cmr COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved.

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