On a day when European stock markets are experiencing increases in their indices, the stock Lisbon follows in reverse, affected by the sharp depreciation that occurs in the securities of the banking sector.
BCP, BPI and Caixa Económica Montepio Geral are the actions that the early morning of Monday have a more negative performance affected by the climate of uncertainty that we are witnessing in the shareholder composition of the Portuguese banking sector.
at 9:30 , the PSI 20, the main stock index in Lisbon fell 1.31% over the closing price the previous day. The biggest drop was recorded by BCP, whose shares were worth less 9.11%, being located in 0.390 euros. Next, was the devaluation of 6.27% of BPI and then the fall of 4.75% of Montepio Geral Economic Case.
The uncertainty about what will happen to the shareholder structure of BPI and BCP is the cause reported by analysts for this negative performance of the sector actions. In particular, doubts regarding the possibility of two shareholders of BPI, Isabel dos Santos and Caixabank reach an agreement with the bank, seems to weigh in the evolution of this title, also affecting the BCP, since it was created in the markets the expectation that Isabel dos Santos, to leave the BPI, could take a position on the bench.
on Monday, the administration of the BCP proposed rule changes that may open the door to the entry of a new shareholder and suggested the regrouping of shares in the bank by applying a ratio of 1 to 193.
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