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Paper & Energy takes PSI-20 into positive territory despite BCP fall - Markets

Five included in the PSI-20 add up to 2%. Notable BCP and Sonae – Stock Exchange

The Lisbon Stock Exchange debuted in November “on the right foot”, rising 1.64% to 5,826.31 points. Of the 19 listed companies that make up the benchmark index, 16 companies closed higher, two lower, and one, Ramada, unchanged.

Heavyweight BCP emerged as the most supportive of the national benchmark, rising 2.56% to 16.01 cents. The reaction of shares in the bank led by Miguel Maya was higher new target price hike, This time by Mediobanca. The target price was down 17 to 19 cents per share, which represents a potential return of 18.01% from Monday’s closing price.

Sonae led gains in the session, with shares up 2.89% to 97.9 cents, the maximum before the pandemic – in May 2019. Companies included in the EDP group were also part of the group, up more than 2%: EDP rose 2.62% to 5.01 euros, while the price of EDP Renováveis ​​rose 2.49% to 24.7 euros.

Figures also recorded an increase above 2%, up 2.13% to 3.45 euros.

Heavyweight Jeronimo Martins gained 1.53% to €19.9. On the other hand, Galp closed in red for a “black nail”, giving 0.02% to 8.99 euros.

In energy, Greenvolt advanced 1.17% to 6.9 euros per share.

In the paper sector, Altri added 1.96% to 5.71 euros, and Navigator recorded a 0.24% increase to 12.2 euros.

Novabase was the listed company that gave the most land, down 1.48% to €4.65. Ramada closed unchanged at 5.84 euros per share.

(updated news)

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