Friday, June 3, 2016

BCP back to sink into bag and reaches new minimum – TVI24

It looked like a different Friday to the BCP shares but the fact is that after a gained more than 2% at the opening already lost 2.6% to 0.0253 euros, the lowest ever for the title bank.

a fall that BPI does not follow to go up 0.26% to 1.157 euros.

in the first minutes of the session analysts still believe that the bank led by Numo Amado could help support the Portuguese index gains. The PSI 20 opened to gain 0.5% to 4.874.47 points, to follow the trend throughout Europe.

A reaction high which may also be related to the fact that yesterday the European Central Bank have revised upwards the growth prospects for the economy and inflation this year. Still, the institution’s council headed by Mario Draghi kept the principal interest rate unchanged in negative territory, committing to the monetary stimulus in progress.

For the ECB, the euro area should now grow 1 6% in 2016, against 1.4% forecast in March and inflation may reach 0.2%, compared to 0.1% the previous forecast.

in Lisbon, is the energy that helps the Portuguese main index. Galp values ​​1.25% to 11.795 euros. EDP ​​grows 0.65% to 2.95 euros, the Renewable gains 0.43% to 6.960 euros and REN advances 0.03% to 2.625 euros. Yesterday at the meeting of the Petroleum Exporting Countries (OPEC) in Vienna, Saudi Arabia promised not to flood the oil market with more crude barrels despite the organization have not reached agreement, with Iran insisting it has the right to increase substantially production, reports Reuters. The raw material still is high, both Brent crude in London as the Nymex in New York.

Positive Note also the PSI 20, the Pharol winning 1.97% to 0.155 euros.

negative note for in retreating 0.13% 6,489 euros, Altri down 1.38% to 3,213 euros and Semapa losing 0.16% to 0.594 euros.

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