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The EDP group pressures the PSI to open slightly less.  EDP ​​down 4.5% on previous earnings - Bolsa

The EDP group pressures the PSI to open slightly less. EDP ​​down 4.5% on previous earnings – Bolsa

PSI started trading this Tuesday above the water line. After opening with gains of 0.02%, the index in the first minutes reversed to the red and lost 0.07%, to 5936.15 points, although only three listed companies – all in the energy sector – were negative.

What is pressing the index are shares of the EDP Group, with EDP down 4.55% to €4.471, influenced by the Entering the previous earnings periodDeducting this factor, the quoted regression is 0.49%. On the other hand, EDP Renováveis ​​shares fell 0.87% to 22.80 euros, after Société Générale shares were down. Revised recommendation downward – From “hold” to “sell” – despite raising the target price from 18.5 to 21 euros. However, the ‘Target’ gives the quoted price the possibility of a devaluation of 8.7% compared to the previous day’s close.

Finally, Greenvolt was down 0.43% to approach €6.95.

Standing out to prevent bigger losses in the index are Semapa, who led by 2.15%, and heavyweight Galp, which Yesterday suffered a sharp declineWhich earns 1.88% to 10.85 euros. BCP, which fell more than 3% the day before, rose by 1.31%, to 0.1619 euros, on a day when it was Millennium BankControlled by the bank led by Miguel Maya, it posted a loss of 26.4 million euros in the first quarter.

Navigator, Mota-Engil and Sonae gained more than 1%, while Jerónimo Martins gained 0.2% to €20.34.

(News updated with reference to EDP’s previous earnings entry)

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