The PSI started the week down 0.32% to 5,911.32 points, with 12 trading low, two high, and one, Mota-Engil, unchanged at €1.28. In Europe, the trend was also to the downside, with the Stoxx 600 losing 0.87% at the start of the session. Only London was against the Continental track.
The week starts with losses as the markets anticipate the relevant upward moves in benchmark interest rates: to be announced, this will be the fourth consecutive hike by the BoE; It would be the first 0.5 percentage point increase by the US Federal Reserve in one month in more than 20 years.
Greenvolt fell 2.55% to €6.89, topping the list of losses at the opening session on Monday, May 2nd. BCB shares also punished losses, which fell 1.35% to 0.15 euros. And Cortesira Amorim, which fell 0.91 percent to 9.77 euros.
Sonae, which last week agreed to a dividend of 0.0511 euros per share at its general meeting, fell 0.29% to 1.03 euros.
Galp Energia (-0.34% to €11.59), EDP (-0.16% to €4.43), and subsidiary EDP Renováveis (-0.22% to €22.59).
In earnings, only Jerónimo Martins (+0.61% to €19.92), who provided quarterly results last week, and NOS (+0.8% to €4.05) appeared in earnings.
Emily Brontë is a journalist and feature writer specialising in culture, entertainment, literature, and current affairs. She is dedicated to producing clear, accurate reporting that helps readers stay informed about developments in the UK and around the world.
