CTT advances 2.6% on the Lisbon Stock Exchange with the announcement of a new investment – Stock Exchange

CTT advances 2.6% on the Lisbon Stock Exchange with the announcement of a new investment – Stock Exchange

CTT was the star of the session on the Lisbon Stock Exchange. Postal operator advanced 2.6% to 4.38 euros, after it was An investment of three million euros in new equipment and operations centers has been announced, allowing Correios de Portugal “to also grow by another 20,000 square metres”.

Thus, the company led the gains in the green session on the PSI-20 which ended the day with a gain of 0.38% to 5675.22 points. Of the 19 listed, 13 closed in the positive territory and the other six closed in red.

In addition to CTT, Ibersol also made significant gains (+1.2%) two days after the capital increase ended, while Altri was up 1.09% to €6.03 per share.

In retail, Jerónimo Martins advanced 1.01% to 19.41 euros, in a move that could be corrected after an 11% drop in the last session due to the departure of the second largest shareholder. In the energy field, the trend has been mixed. EDP ​​rose 0.9% to €4.85 and EDP Renováveis ​​rose 0.87% to €23.08.

On the other hand, Greenvolt led the losses in the PSI-20. The biomass energy specialist slipped 1.52% to €6.48 per share, after providing quarterly results for the first time since appearing on the PSI-20. Profits rose 45.7% to 6.5 million euros but did not convince investors.

Galp Energia also closed lower, from 0.92% to €8.85, following the trend in the oil market.

‘Black gold’ prices remain in negative territory, after the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC) warned of an impending oversupply at a time of rising coronavirus cases in Europe – risking a brake on recovery. the demand.

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The West Texas Intermediate, the “benchmark” of the United States for December delivery, fell 1.75% to $79.35 a barrel. The December contract for North Sea Brent crude, which was negotiated in London and a reference for European imports, fell 1.23% to $81.42.


(news updated at 17:00)

By Andrea Hargraves

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