The PSI-20 ended the session on Monday, losing 1.19% to 5,180.18 points, with 15 points quoted lower, and two rose and one unchanged at last Friday’s close value. It was the second session in a row that the National Stock Exchange traded on negative ground, leading to play at its lowest levels on May 14th.
Lisbon Square traded in line with the downward trend also observed on most European stock exchanges, with the exception of Athena Square, which rose near 1% in the session. The value of the European benchmark Stoxx600 index was lowered and closed for the first time in eight sessions at a time when concerns about the withdrawal of economic incentives adopted by central banks in response to the epidemic crisis are gaining strength, a belief that has been reinforced in a context in which they are coming, and economic indicators are released that indicate Strong recovery.
In Lisbon, Navigator was the most punished, with the stock losing 6.68% to € 2.82. On the day it traded at its lowest level on March 30th, Navigator posted the biggest daily drop since March 12 of last year, reflecting the results that were reported on Friday, already after the stock exchange trades closed, which showed A drop in profits to 23.5 million euros between January and March.
Continuing in the paper sector, Altri (-1.80% to € 5.725) and Semapa (-0.85% to € 11.70) closed lower.
Energy was no exception, with the four sector stocks dropping: EDP stock fell 1.53% to € 4.705, EDP Renováveis fell 1.08% to € 19.29, Galp Energia fell 1.02% to € 10, € 18, REN declined. By 1.08% to € 2,285.
A negative note is also for Nos, down 1.28% to € 2,924 and for BCP, down 0.44% to 15.91 cents.
The biggest losses on the National Stock Exchange were Pharol (+ 1.16% to 10.48 cents) and CTT (+ 1.18% to € 4.27).