The Exchange Lisbon reversed the trend of Thursday’s gains and following this morning trading in slight decline, contrary to the positive feeling of the other European markets.
Recently, the PSI 20 bit fell more than 0.1%, penalized by CTT. The company is skidding more than 8% after it reported a drop of 19.1% in profit for the first half to 31.6 million euros, a value lower than expected.
Also press the Exchange is Mota Engil, falling more than 1%, to relieve the strong gains of recent sessions.
the largest prevent falls is the financial sector. The BCP is rising more than 1% after the Sabadell, the second largest shareholder of the Portuguese bank, have said they will not oppose the entry of Fosun in BCP.
Still in banking, BPI earn close to 0.2% and Montepio follows trading unchanged at 47 cents.
in the rest of Europe, the trend is gains, even in the surf of the decisions announced on Thursday by the Bank of England which decided to cut the interest rate to a historical low of 0.25% and thus ensure the possible impacts of Brexit on the economy.
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