Lisbon is the European stock exchange least affected by Putin. EDPR had its best day since 2008. BCP drops more than 8% – Stock Exchange

Lisbon is the European stock exchange least affected by Putin.  EDPR had its best day since 2008. BCP drops more than 8% – Stock Exchange

The PSI-20 index fell 1.52% to 5,348.28 points, its lowest level in five months on a day when European markets suffered the biggest losses after the Russian invasion of Ukraine.

Of the 19 included in the index, only three survived the red tide, but the EDP group had a positive day, with EDP Renováveis ​​reporting even the best day since October 31, 2008.

The group led by Miguel Stilwell announced overnight that it had completed its EDPR purchase of 91% of Sunseap for $600 million. Today, the renewable energy arm of Electricity rose 10.53% to €19.74, also benefiting from the sector’s leadership. The parent company, in turn, advanced 5.42% to close at 4,024 euros. In addition to the EDP group, only Greenvolt closed in green, up 2.78%, to €5.55.

On the fall side, BCP sank 8.46%, to €0.1645, to be the most punishing price.

Farol (-5.91%), Mota-Angel (-5.79%), Altri (-5.55%), Sony (-5.38%) and Navigator (-5.21%) also lost more than 5%.

Among the heavyweights, in addition to the EDP and BCP group, Galp ceded 1.20%, to 9,554 euros, on a day when Brent oil crossed the threshold of $100 a barrel. Jerónimo Martins lost 3.55% to close at €18,755.

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By Andrea Hargraves

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