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PSI-20 closes on negative ground
The national stock market closed, in line with the bulk of European markets. The main Portuguese index, the PSI-20, fell 0.64% to 4,326.02 points, in a week that has been daily of ups and downs. This Thursday, 11 listed companies fell, four of them more than 2.5%, and only four went green.
Abroad, investors are more cautious after the European Central Bank has decided to keep its policies unchanged, presenting a more optimistic outlook on the Old Continent’s economy but emphasizing that everything depends on the evolution of the pandemic. This is at a time when delays are expected in the delivery of a vaccine for covid-19 and when cases continue to increase throughout the Old Continent.
In Lisbon, heavyweights Nos and Jerónimo Martins joined in negative territory, thus pushing the index down. These companies fell, respectively, 1.26% to 3.45 euros and 0.77% to 14.10 euros.
Corticeira Amorim was the leader who led the clashes, with a loss of 5.56% to 10.20 euros, the highest since March 16, in the first days of the pandemic. The share price corrects yesterday’s strong movement, which earned it an increase of more than 8.5%.
Also highlighted in red is Altri, which yields 2.83% to 4.39 euros, the day it will present the accounts for the first half of the year. In the first three months, the results of the paper contracted more than 80% to 6.8 million euros.
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