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Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

Lisbon Stock Exchange closes up 0.93% in line with European counterparts

Out of the 15 companies listed on the PSI index, 10 ended the day with gains, four saw declines, and REN remained unchanged at 2.86 euros.

Mota-Engil led the gains with a rise of 5.73% to 3.53 euros. Closing the week on a high were also shares of CTT, which increased by 3.12% to 7.60 euros, EDP Renováveis, which rose 2.27% to 8.13 euros, and Corticeira Amorim, which gained 2.03% to 7.53 euros.

BCP also gained 1.97% to 0.57 euros, with Galp and Ibersol advancing by 1.64% to 13.98 euros and 1.53% to 9.32 euros, respectively.

Those with gains below 1% included EDP, up 0.48% to 3.36 euros, Semapa, up 0.44% to 16.15 euros, and Navigator, up 0.42% to 3.32 euros.

Leading the four stocks that closed lower was NOS, which fell 0.81% to 3.69 euros, followed by Jerónimo Martins, down 0.47% to 21.30 euros, Altri, which decreased by 0.44% to 6.17 euros, and Sonae SGPS, which dropped 0.37% to 1.09 euros.

Lisbon’s performance mirrored the general trend in major European markets, with Madrid advancing by 1.33% to 13,555.30 points, Frankfurt gaining 0.81% to 22,242.45 points, Paris 0.45% to 7,536.26 points, and London 0.09% to 8,415.25 points.

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