PSI-20 rises with the momentum of the BCP and EDP group records



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The national stock market closed higher, with the PSI-20 benchmark index adding 2.10% to 4,825.28 points, thus continuing to trade at March highs. Of the 18 listings, 9 closed in green and 7 in red, while two were unchanged from yesterday.

Lisbon thus led the upward movement registered in the rest of Europe, with the announcement that France is preparing to reopen the border with the United Kingdom to encourage negotiations.

Also the expectation that today there is an agreement between London and Brussels on the commercial relationship between the parties in the area of ​​Brexit – Bloomberg said that there is already a draft of the agreement – contributed to optimism, thus overshadowing the setback of the stimulus package. approved in the United States Congress, which was not accepted by Donald Trump and must be reviewed.

Here, the EDP group stood out with new all-time highs. The electricity company led by Miguel Stilwell de Andrade closed with a rise of 2.67% to 5.108 euros, which is its highest closing value, having set a record at 5.1380 euros during the session.

Its renewable energy subsidiary shot up 5.48% to 22.15 euros, a closing record, and during the day it set a record high of 22.5 euros.

Still in energy, Galp registered an increase of 3.54% to 8,654 euros, on a day when oil prices continue to rise in the main international markets.

The BCP was also among the best performers, gaining 2.61% to stand at 0.1221 euros.

The sharp rise in the shares of the EDP and BCP group has been decisive for the positive evolution of the Lisbon Stock Exchange in the last month and a half.

The biggest rise in the PSI-20 was led by Ramada, which rose 7.38% to 4.80 euros.

It is also noteworthy for CTT, which rose 0.85% to 2.37 euros, after yesterday the Government approved the extension of the universal postal service concession contract until September 2021.

Jerónimo Martins fell 0.40% to 13,715 euros.



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