Lisbon Stock Exchange in downtown with Galp Energia and the US lead … – publico

                 

                         
                     

                 

 
                         

The bag Lisbon started the week in negative territory. The main index of the Portuguese stock market, the PSI 20, was the early morning of Monday downwards, with the Galp Energia and the US to lead the losses.

                     

                         At about 9 am in Lisbon, the PSI 20, which includes 18 companies, was retreating 0.69% to 5945.43 points, with 13 listed to negotiate in negative territory, four to go up and stable.

The Galp Energia and the US were the ones most undervalued and is falling 2.27% and 1.29%, respectively, and the real, in that order, 10,115 euros and 6,431 euros. One explanation for the fall of Galp may be the leadership change announcement.

In a statement issued on Sunday by the Securities Market Commission (CMVM), Américo Amorim, chairman of the board of directors Galp, confirmed that it will propose the name of Carlos Gomes da Silva to replace Manuel Ferreira de Oliveira.

The roles of Banif, BPI and BCP were also experiencing decreases greater than 1%.

On the other hand, the shares of Portugal Telecom and Semapa were the ones that were to rise, namely 0.32% and 0.16%.

However, the main European stock markets started the day low, with investors waiting for developments with regard to Greece.

German Chancellor Angela Merkel and the Greek prime minister, Alexis Tsipras, have on Monday the first bilateral meeting in Berlin amid doubts about the liquidity of Athens and the claim by Greece to Germany war reparations.

The Euro Stoxx 50 index, which represents the leading companies in the euro zone, was falling 0.52% to 3706.54 points.

The London stock exchanges, Paris and Frankfurt were retreating 0.26%, 0.51% and 0.48%, respectively, while Madrid was falling 0 , 91%. The Milan Stock Exchange was the exception, as it was advancing 21%.

In New York, Wall Street finished sharply higher on Friday, with the Dow Jones up 0.94% to 18,127 , 65 points, after rising 2 March last up to 18288.63 points, the current highest ever since it was created.

In exchange, the euro was stabilized to block the approach to parity against the dollar, having opened on Monday in high at Frankfurt foreign exchange market, the quote to $ 1.0802 against $ 1.0798 from Friday’s close.

European Central Bank (ECB) on Friday set the reference exchange European currency in $ 1.0776.

The main week of reference will be the publication on Tuesday of the Consumer Price Index (CPI) in the United States, with the situation in Greece, again as a backdrop.