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Home Economy

PSI starts the week in the red with Jeronimo Martinez leading the losses

Ursula Curtis by Ursula Curtis
February 26, 2024
in Economy
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PSI starts the week in the red with Jeronimo Martinez leading the losses
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Jerónimo Martins and REN stocks are the ones that lost the most at the beginning of the session, with BCP and Semapa positioning themselves in the opposite direction and showing an upward trend.

The Lisbon Stock Exchange opened the week in the red as the PSI fell 0.10% to 6,236.08 points in the first minutes of trading.

It was Jerónimo Martins and REN stocks that lost the most at the beginning of the session, with BCP and Semapa positioning themselves in the opposite direction and showing an upward trend.

In a very volatile start to the session, Navigator and EDP shares also ended up lower in value at the start of this session, with EDP losing 0.70% to €3.697, EDP Renováveis ​​losing 0.45% to €13.27 and Corticeira Amorim losing 0.92% to €9.65.

In a true red wave, only BCP, Mota-Engil and Greenvolt opened Monday's session with gains, albeit weak ones. Highlighting the construction company, which rose 1.28% to 5,550 euros at the beginning of the session.

In Europe, the DAX also fell slightly by 0.06% to 17,452.00 points, the CAC 40 lost 0.21% to 7,950.00 points, while the IBEX was the only one to show a slight increase: 0.10% to 10,136.00 points.

In raw materials, Brent crude, the main reference for Europe, opened the session with a loss of 0.56% to 80.35 euros. Natural gas opened the session, declining 5.83% to 1,798 euros, and gold opened the session, declining 0.22%, to 2,044.95 euros.

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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