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Home Economy

BCP and Galp overshadow the fall of EDP Renováveis ​​and give gains to the PSI-20 – Stock Exchange

Ursula Curtis by Ursula Curtis
January 8, 2022
in Economy
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BCP and Galp overshadow the fall of EDP Renováveis ​​and give gains to the PSI-20 – Stock Exchange
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Lisbon Square ended the session slightly higher, as the national benchmark index added 0.07% to 5,599.76 points, with 9 points in positive territory, 9 in decline and one unchanged – Ibersol.

Lisbon was giving up its land, but in the last few minutes it managed to reverse and follow the trend that can be seen in the squares of London, Athens and Amsterdam, as it moved through the only three sectors on the rise: banking, oil and natural resources.

Other major European stock exchanges remain in the red, pressured mainly by travel, real estate and auto quotes.

The most supportive share for the PSI-20 index was BCP, which rose by 3.86% to €0.1615, after the sector’s good moment on the Old Continent.

Galp also contributed to the good performance of the national benchmark, which rose 0.65% to €9,350, in a week in which total oil prices were close to 6%.

Pharol also had a positive day, closing up 1.79% at €0.0794.

Retail trade saw mixed movement, with Jerónimo Martins up 0.59% to €20.56, and Sonae slipping 0.10% to €1.024.

EDP ​​Renováveis ​​was the listed company that failed to make gains on the national stock exchange, falling by 2.74% to stand at €19.51.

In the rest of the energy sector, the trend was also to the downside. Only Galeb survived. EDP ​​lost 1.5% to 4,536 euros and REN fell 0.20% to 2,535 euros.

Greenvolt – Altri’s renewable energy arm – posted a 0.32% drop to 6.25 euros.

In paper mills, Semapa shares fell 0.17%, while Altri and Navigator shares rose: 1.07% and 0.06%, respectively.

Ursula Curtis

“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”

Ursula Curtis

Ursula Curtis

"Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast."

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