LUSA 06/19/2025

Lusa - Business News - Portugal: Stock market closes with PSI down 0.79%, BCP again leading faller

Lisbon, June 18, 2025 (Lusa) - The Lisbon stock market closed down on Wednesday for the second consecutive session, falling 0.79% to 7,388.68 points, with BCP falling more than 3% and Altri and Mota-Engil retreating more than 2%.

Of the 15 companies listed on the benchmark PSI (Portuguese Stock Index), 12 fell and only three rose.

BCP continues to fall, as it did on Tuesday, dropping 3.36% to €0.65, followed by Altri, which lost 2.81% to €4.85 and Mota-Engil, with a 2.47% decline to €3.79.

CTT (1.37% to €7.21) and Galp (1.13% to €15.73) also closed with losses of more than 1%.

Galp announced on Tuesday that, in a consortium with Petrobras, it had acquired rights in three new areas in southern Brazil, in the Pelotas basin.

Also closing below the waterline were Semapa (-0.37% to €16.18), EDP (-0.36% to €3.61), NOS (-0.26% to €3.78) and EDP Renováveis (-0.26% to €9.56), Corticeira Amorim (-0.26% to €7.77), Ibersol (-0.21% to €9.46) and Navigator (-0.18% to €3.28).

The only companies to see gains were REN, which rose 0.49% to €3.05, Sonae, which advanced 0.17% to €1.16 and Jerónimo Martins, which rose 0.09% to €21.20.

The main European stock markets closed today without a clear direction, with London and Madrid rising 0.11% and 0.08%, respectively. Milan also advanced 0.08%.

Paris and Frankfurt, in turn, fell in today’s session, 0.36% and 0.50%, respectively.

European stock markets are once again anticipating that the US Federal Reserve (Fed) will keep interest rates between 4.25% and 4.5% and are awaiting inflation figures for the eurozone.

 

 

 

 

ALN/AYLS // AYLS

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