The main index of the Portuguese stock exchange, PSI20, went negative, with the actions of Corticeira Amorim sinking close to 10% after the announcement of the sale of securities by the largest shareholder.
About 9 a.m. in Lisbon, the PSI20 was falling 0.98% for 4.495,07 points, with 16 actions to depreciate, a rising (BPI), and an unchanged (Semapa).
The actions of Corticeira Amorim and Altri were the largest losses observed, with declines of 9,43 to 7,43 euros and 1.76% to 3,03 eur, respectively.
The companies Amorim International Participations and Investmark Holding, owned by Americo Amorim, launched on Thursday a special Offer Sale up to 10% of the share capital of Corticeira Amorim.
according To the information sent to comissão do mercado de Valores Mobiliários (CMVM), has launched a Particular Offer of the Sale (the"Offering") of shares representing the share capital of Corticeira Amorim in terms of which each of the offerors admit to sell up to 6.650.000 shares representing up to 5% of the share capital of Corticeira Amorim, at which the offer, as a whole, can cover up to 13.300.000 shares representing up to 10% of the share capital of Corticeira Amorim".
The final terms of the Offer will be communicated "after the completion of the process of ‘Accelerated Bookbuilding’ [sell fast], which is expected to occur until November 4, 2016".
On the Lisbon stock exchange, on the other hand, the actions of BCP followed also in the fall of 1.76% to us $ 1.18 euros.
Lisbon followed in line with the performance of the remaining european stock exchanges, with the pessimism of the u.s. markets and asian lead to contagion in the sense of the squares of the old continent.
asian shares finished the session with a negative sign, with declines of 1.34% in the Nikkei of Tokyo, after Wall Street closed with losses of 0.16% in the Dow Jones and of 0.44% in the Standard&Poor s.
In the U.S., investors will be attentive to the publication of the unemployment rate corresponding to October, and the data of September on the international trade of goods and services.
In the raw materials market, the barrel of Brent crude, of reference in Europe, went up to 46,47 dollars, while the euro valued slightly to the 1,1101 dollars.