The PSI-20 ended the stock market session on Monday, March 7, to yield 0.45% to 4928.97 points, with 10 listed falling five high and two unchanged. The main national index thus interrupted a series of seven consecutive sessions to accumulate valuations, having followed the trend by the major European markets on a day when he returned to investor concern over the slowdown of the Chinese economy.
This after last weekend week, the Chinese Communist Party Congress have lowered the growth target for this year to range between 6.5% and 7%, a decision that comes after GDP growth of 6.9% recorded in 2015 was the lowest in 25 years.
At the national level, the EDP group stood out in the negative, with EDP and EDP Renováveis to be the company and the third listed, respectively, the most penalized the Lisbon square. EDP depreciated 4.24% to 2.758 euros on the day Societe Generale cut assessment listed led by António Mexia by 19%, from 3.10 euros to 2.60 euros, and which lowered the recommendation on the electrical from “hold” to “sell.”
have EDPR fell 0.99% to 6,472 euros.
Note also negative for Jeronimo Martins lost 1.63% to 13.84 euros in the session. Also in retail, Sonae fell 0.42% to 0.959 euros.
You Impresa ended the day trading unchanged at 0.415 euros, this in session traded in minimum January 2013 to touch the 0.408 euros per share.
to prevent a more pronounced devaluation of the national purse was Galp Energia and the financial sector. Galp added 1% to 11.15 euros, following the trend of strong oil prices in international markets. At this time in London, North Sea Brent, used as a benchmark for national imports, follows up 3.46% to trade just above $ 40 a barrel.
And in banking, BCP appreciated 1.80% to 0.0395 euros and BPI gained 4.73% to 1,217 euros.
(News updated at 16:50)
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