Bag interrupts series of gains and closed in red penalized by BCP – Business Journal – Portugal

The PSI-20 ended the session on Friday, April 15, to yield 0.15% to 5019.36 points, with seven listed to trade falling, seven other high and the four remaining unchanged, interrupting thus a cycle of five consecutive days gains. The National Stock Exchange also halted a three-week cycle to accumulate losses, closing this week with an appreciation of 3.31%. The PSI-20 followed the sentiment recorded by the major European markets also traded in the red.

The automotive sector was the one that lost more in the session, on the day the data from the European Manufacturers Association Cars (ACEA) showed that the market share the German group Volkswagen in Europe fell to 23.4% in the first quarter of this year, compared to the 24.4% it had in the same period of 2015. the Volkswagen lost 2.69% on the session.

In Europe, the exception was led by the main Greek stock index, the FTase, which appreciated over 7% driven by gains recorded by the Greek financial sector, which benefited from the speculation the obligations of the European Financial Stability Facility (EFSF) may be eligible for the European Central Bank’s asset purchase program (ECB).

at the national level, the BCP with a falling 2.09% to 0.0374 was listed more pressure, with the bank led by Nuno Amado to follow the PSI-20 and stop a series of five sessions up. This performance took place on the day the Government and the central bank have given the green light to the merger between Banco Privado Atlântico and Banco Millennium Angola .

Since the BPI bonds ended the same to close the week without having even negotiated, this after regulator suspended trading of bank shares led by Fernando Ulrich until they are provided information on the agreement reached on Sunday for the purchase of interest held by Angolan businesswoman Isabel dos Santos by the Spaniards of CaixaBank.

Also pressuring the main national index were CTT which lost 1.38% to 7,839 euros. Also falling negotiated Galp Energia which fell 0.17% to 11.55 euros, the day that the Oil announced that produced the equivalent of an average of 53, 7000 barrels of oil per day in the first quarter of this year, which represents an increase of 38.7% yoY and 9.1% over the last three months of 2015.

Still in the energy sector, EDP Renováveis ​​has helped to prevent further depreciation of the Lisbon bag when advancing 0.41% to 6.566 euros.

But the highlight the positive goes to the Jerónimo Martins which added 1.51% to 14.755 euros after yesterday’s general meeting approved the retail continuity Pedro Soares dos Santos as president until 2018. continuing in retail, Sonae gained 0.20% to 1.003 euros.

also, to prevent a more pronounced decline in domestic stock exchange were Mota-Engil and Sonae Capital. The construction appreciated 5.26% to 1.98 euros, a session in which came to touch the 1.99 euros, the highest level since 9 December 2015. Since Sonae Capital rose 3.81% to 0.682 euros in day that the listed maximum traded in February 2010 to play in 0.686 euros.

(updated 17:00 News)