National Stock Exchange higher for second day driven by Galp and BCP – Business Journal – Portugal

The PSI-20 ended the session on Monday, April 11, to add 0.41% to 4878.30 points, with 11 listed to trade on high five falling and two unchanged, with the Lisbon square close by second consecutive day in positive territory. Also the main European markets traded up, thereby recovering perte losses accumulated londo four consecutive weeks to depreciate.

Galp Energia, with a rise of 1.83% to 11.15 euros, was quoted more has supported the Lisbon stock market gains, a day that also the price of oil remains high in international markets. In London, North Sea Brent, used as a benchmark for national imports is rising 2.31% to $ 42.91 per barrel.

Also BCP supported the rise in PSI -20 to add 0.61% to 0.0332 euros. BPI have turned out not to negotiate throughout the session as the shares of the bank were suspended by the regulator before the start of the first stock market session this week. Thus, the BPI bonds remained at the closing price of last Friday, which is 1,191 euros per share.

The CMVM’s decision came after last night has been reached final agreement between the Angolan businesswoman Isabel dos Santos and Spain’s CaixaBank for the purchase by these daughter participation of Angolan President in the capital of the institution led by Fernando Ulrich. Although they notice that lack even know the details of the agreement, both CaixaBI as Haitong consider that this commitment is “positive” for BPI.

Also supporting the performance of Lisbon’s square was the EDP he appreciated 0.44% to 2,938 euros. Still in the EDP, EDP Renováveis, with a fall of 0.54% to 6.416 euros, stood out among the cotdaas more penalized.

But to prevent more decisively a greater appreciation of the main national index was Jerónimo Martins lost 0.55% to 14.49 euros. Continuing in retail, Sonae added 1.02% to 0.991 euros.

Also in the fall In yielded 0.15% to 5.872 euros already after this Monday Haitong have designated the telecommunications operator as one of its “silver bullets” on the Lisbon stock exchange. Note also for Pharol which advanced 2.99% to 0.138 euros.

(News updated at 16:58)