Previous GaIp earnings, Moody’s valuation, and four other things you need to know to start your day
Galp shares are now trading ex-dividend and Semapa provides first-quarter accounts. Abroad, the G7 summit begins in Hiroshima, which will focus on the war in Ukraine.
| Galp enters ex-dividend |
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Galp shares are no longer eligible for dividend payments today. The oil company began paying the second stage of the dividend — 26 cents — in reference to last year’s accounts as of May 23. Correios de Portugal will begin paying dividends for the past fiscal year. The total share value is 12.5 cents.
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| More PSI calculations |
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Disclosure of accounts continues at full speed, and today it is Simaba’s turn. Today, the company led by Riccardo Pierce, which operates in the paper and cement sector, presents its accounts for the first quarter, after achieving profits in 2022. It grew by 55% to 307.1 million euros.
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| Portuguese debt under analysis |
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Public debt is back in the sights of financial rating agencies this Friday, with a rating by Moody’s. In 2021, the agency raised the Portuguese “rating” to the current Baa2 level.
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| Focus on real estate loans |
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The National Institute of Statistics revealed the implied interest rates on housing loans during the month of April. In March, the rate rose to 2.829% – the highest value since June 2009, showing an increase of 29.7 basis points compared to 2.532% recorded in February.
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| The launch of the G7 summit |
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Today, Friday, the seven most industrialized countries in the world will start three days of meetings in Japanese territory, specifically the city of Hiroshima – the first city to be subjected to a nuclear attack. The site is important, especially at a time when countries are watching the war in Ukraine – which Russia started in February last year – and fearing the use of nuclear weapons.
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