It was a sunny morning in Lisbon, as the PSI-20 opened Thursday’s session with a 1.24% rise to 5,5230.46 points, meaning it is once again approaching the three-year maximum already reached this week. All national companies listed on the stock exchange opened “on the right foot”, on the day their European counterparts were also painted “green”.
Among the best features of these opening minutes of the session are the two companies of the EDP Group. The parent company advanced 2.19% to €4.611 per share and EDP Renováveis increased by 2.14% to €21.00 per share. But the gains are shrinking across all companies in the national benchmark.
Banco Comercial Português (BCP) gained 1.48% to 16.44 cents a share, maintaining the good momentum it has enjoyed in recent days. The bank, led by Miguel Maya, managed to rise In eleven of the last 14 sessions On the Lisbon Stock Exchange, in the “March” Which gives you profits close to 30% in the same period.
However, yesterday, Polish unit BCP, Bank Millennium, The third quarter of the year is expected to end with negative results, due to the provisions made by the Bank in connection with the conversion of credits in Swiss francs to zlotys. After posting a loss of 45 million euros in the second quarter of the year, which increased the negative net result for the semester to about 112 million euros, Bank Millennium is expected to maintain negative results.
In the rest of the Portuguese market, gains were recorded in CTT (1.61%), Nos (0.82%), Jerónimo Martins (0.52%) and Sonae (1.08%).
Galp Energia values 1.44% to 9,732 euros per share, despite oil prices falling for the second consecutive session, easing the seven-year highs set this week. By this time, Brent crude, traded in London and serves as a reference for Portugal, is down 0.5% to $80.67 a barrel, while West Texas Intermediate crude in North America (WTI) is shrinking 0, 9% to $76.74.
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