PSI-20 accumulates third rise and returns to March highs – Stock Market



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The Portuguese stock market closed higher again and accumulated its third consecutive session in the green, returning to the highs of March, in a day in which the energy sector continued to register important gains.

This Thursday, December 24, the PSI-20 closed to appreciate 0.61% to 4,854.90 points, the highest value since the beginning of March.

The energy sector contributed, above all, to the gains of the national stock market, with an emphasis on Galp. The oil company gained 1.69% to 8.80 euros per share and accumulated the third session on the rise. Still in energy, EDP advanced 1.41% and EDP Renováveis ​​reversed the losses at the opening of the session and ended up closing 0.68% to 22.3 euros per share, renewing all-time highs.

The drivers of the PSI-20 were BCP, which rose 1.56% to 12 cents per share, and Corticeira Amorim, which advanced 1.73% to 10.56 euros per share.

Monta-Engil, which lost 0.58% to 1.36 euros a share, prevented more significant gains from the PSI-20, as well as the paper sector, with Navigator and Semapa closing.

In the rest of Europe, the trend was also one of gains, at a time when investors are excited about the post-Brexit deal reached between the European Union and the United Kingdom.



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