• Home
  • Top News
  • World
  • Economy
  • science
  • Technology
  • sport
  • entertainment
  • Contact Form
Sunday, May 29, 2022
  • Login
No Result
View All Result
NEWSLETTER
BOB fm
No Result
View All Result
BOB fm
No Result
View All Result
Home Economy

Nearly 4% fall in BCP leads PSI-20 to biggest daily loss in four months – Stock Exchange

by Ursula Curtis
June 18, 2021
in Economy
0
Nearly 4% fall in BCP leads PSI-20 to biggest daily loss in four months - Stock Exchange
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The PSI-20 index ended the last session of the week down 2.28% to 5,063.87 points, ahead of losses among its peers on the European continent, on a day when investors moved away from riskier assets, still digesting the possibility of withdrawing stimulus through the US Federal Reserve.

Here, the day ended with practically all companies listed in the “red” (15), with two more companies – Ramada (+ 1.02%) and Novabase (+ 1.45%) trading in a counter-cycle.

The biggest loss of the day was recorded by Banco Comercial Português, which fell by 3.84% to 14.51 cents per share, correcting the gains recorded in the past two months.

a The bank led by Miguel Maya raised to more than 30% the rally recorded since its lowest levels in April. However, BCP was also the listed company that fell the most this week, losing about 7%.

a The prospect of a faster rate hike in the US triggered the first negative reaction in the stock markets, on Wednesday and yesterday’s session. The exception was the financial sector, which hailed the news of a return to positive interest rates. The banking sector in Europe advanced by 0.4%, to counteract the prevailing pessimism in the markets. Today it corrected and lost 2.85%.

Today, the falls of EDP Renováveis ​​(-3.19%) and EDP (-2.29%), as well as Galp (-3.11%) and Sonae (-2.77%) stand out.

Ursula Curtis

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

See also  Mercadona opens today the 31st supermarket in Portugal
Ursula Curtis

Ursula Curtis

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

Next Post
Italy reintroduces isolation for UK travelers

Italy reintroduces isolation for UK travelers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Navigate

  • Home
  • Top News
  • World
  • Economy
  • science
  • Technology
  • sport
  • entertainment
  • Contact Form

Pages

  • About Us
  • Privacy Policy
  • DMCA
  • Editorial Policy
  • Contact Form
  • About Us
  • Privacy Policy
  • DMCA
  • Editorial Policy
  • Contact Form

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • About Us
  • Contact Form
  • DMCA
  • Editorial Policy
  • Privacy Policy

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In