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Galp Energia and BCP PSI-20 earnings take a maximum of a year and a half - Stock Exchange

Energia and BCP lift the national stock market to a one-month high – Bolsa

The national stock market closed on positive ground, following other European markets, mainly supported by the banking and energy sector.

In the rest of Europe, the trend was also bullish, as investors took advantage of the drop in quoted peso prices and today put aside concerns about monetary policy tightening and slowing economic growth.

Here, the PSI ended up adding 2.67%, to 6079.51 points, with 15 titles in the green.

The national benchmark was the most underestimated in Europe and hit its highest levels in one month.

Among the listed companies maintaining this positive performance was BCP, which added 4.72% to 17.96 cents.

Energy also gave a boost to the Lisbon market, with focus on the 4.93% rise in Greenvolt, which settled at €7.23. This is the day it was announced Enters the Icelandic market with a 90MW wind farm.

For its part, Galp stock rose 4.10% to €11.31, in a session in which oil prices traded in positive territory.

On the other hand, EDP shares rose 0.64% to 4,694 euros – it was the only listed company whose prices rose less than 1% – and its renewable energy subsidiary jumped 2.34% to 22.31 euros.

Still in the energy field, REN rose 2.60% to €2.96.

In retail, Jerónimo Martins grew 2.35% to €18.73 and Sonae advanced 3.07% to €1041.

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