The main European markets experienced a day marked by mixed sensations, but the PSI ended with gains. The index benefited from the good day in BCP shares, as there was a 6% increase in the stock price.
The Lisbon stock exchange experienced a positive session this Monday, benefiting from the 6.00% rise in BCP shares, which reached 0.2931 euros. The PSI index advanced 0.65% and reached 6,170.73 points.
Still in the ‘green’, Ibersol followed, which rose 1.54%, to 6.60 euros, while Galp rose 0.95% and the bonds closed trading at 6.60 euros, the benefit from the rise in the price of petroleum products. This is because the barrel of crude was rising 1.33%, up to 81.65 dollars.
Conversely, the biggest losses were observed in listed companies in the energy sector, as REN fell 1.15% to 2.145 euros, while EDP Renováveis fell 0.95%, to 13.03 euros. . Sonae followed, losing 0.91%, in a variation that left shares at 0.8705 euros.
Among European squares, the feeling was different, with the day being marked by slight variations, without there being a defined feeling. Falls in France (0.20%), the United Kingdom (0.12%), the Euro Stoxx 50 aggregate index (0.09%) and Spain (0.04%). The few increases were observed in Germany (0.06%) and Italy (0.01%)
Regarding the foreign exchange market, the euro is falling 0.15% against the dollar, meaning that one euro now corresponds to 81.65 dollars.
“The main European stock indices ended divided between the slight falls in the CAC and DAX and the 0.7% appreciation in the PSI, which was driven by the 6% rise in the BCP”, writes the analysis by the Markets department Shareholders of Millenium Investment Banking.
“The shares of the bank led by Miguel Maya were very active, with trading volume (in euros) more than doubling in relation to the average of the last 20 sessions, a sign of buying appetite. Galp reflected the rise in oil prices and advanced 1.2%”, it can be read.
With regards to the macroeconomic plan, it is worth noting the confirmation that inflation in the euro zone continues to slow down, a movement intended by the ECB to justify the beginning of the interest rate reduction cycle, which investors hope will happen in June”, he points out. if still.
