The PSI woke up this Friday to fall 0.25% with six listed companies decreasing in value, five increasing and another five unchanged.
The Lisbon stock exchange started this Wednesday’s trading session in negative territory. In the first minutes of the session, the PSI dropped 0.25% to 6,291.33 points.
Of the 16 listed companies that make up the main Portuguese index, six are painted in red, five in green and another five remain unchanged compared to the closing price.
EDP Renováveis leads the losses, with a drop of 1.13% and each share worth 12.25 euros. You have to go back to July 2020 to find the shares of the listed company so cheap. The company – which is the second most important in trading in Lisbon – has been penalized on the stock market this year. In August 2022 it was worth 25.5 billion euros, however, at the end of last month, it had already lost half of that amount.The parent company, EDP, is also trading in the red this morning, losing 0.69%. Still due to losses, Jerónimo Martins – the Portuguese stock exchange giant – fell 0.87%, at 18.27 euros per share, remaining at the lows of May 2022.
Composing the devaluations are also Corticeira Amorim (-0.89%), CTT (-0.24%) and Mota-Engil (-0.27%).
Conversely, no listed company presents significant gains. The table is headed by Ibersol, which adds up to 0.59%. In the green are BCP (0.45%), Sonae (0.34%), Nos (0.27%) and Greenvolt (0.06%).
Galp Energia – which was the star of the session yesterday, reaching four-year highs – remained unchanged at the start of the session, at a time when oil is trading mixed on international markets.
Altri, Navigator, REN and Semapa were also unchanged.
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(News updated at 8:27 am)
