BCP and energy sector influences negatively the Lisbon Stock Exchange

  • ECO News
  • 14 October 2019

The national stock market closed the first session of the week in decline, with most titles in the red zone.

The Portuguese capital closed the first session of the week in fall, with most titles in the red zone. Penalizing the performance of the PSI-20 were the actions of BCP and Jerónimo Martins, but the energy sector also contributed to this performance. Avoiding a more significant fall in the index were Nos and Sonae.

The PSI-20 depreciated 0.68% to 4,969.99 points, after three consecutive sessions in green. Of the 18 domestic listed companies, only five escaped the losses. Among them were Nos, which added 0.77% to 6.26 euros, and Sonae, which gained 0.85% to 0.888 euros.

Contributing to this negative performance of the main national stock market index were the BCP shares, which fell 1.59% to 0.1924 euros, after two consecutive sessions to be valued.

Also noteworthy is the energy sector, with EDP losing 0.69% to 3.579 euros, while EDP Renováveis fell 0.2% to 9.85 euros. Galp Energia followed this trend and fell 0.48% to 13.565 euros, on a day when the price of a barrel of oil depreciated in international markets.

Jerónimo Martins lost 1.12% to 14.98 euros, while Navigator and Altri lost 1.93% and 1.83%, respectively.