Portuguese Stocks Rise For Third Session

Dow Jones
05-08

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Portugal rose Wednesday, as the Portugal PSI 20 Index increased 0.2% to 7021.62, the third consecutive session of increases.

Among local companies with a market cap of at least 100 million euros ($113.4 million), Sporting Clube Portugal was the biggest leader during the session, surging 6.8%, and Toyota Caetano Portugal surged 6.4%. Mota-Engil rounded out the top three movers, as shares gained 4.6%.

EDP Renovaveis was the biggest laggard, falling 2.8%, followed by shares of Sonaecom SGPS S/A, which fell 2.8%. Shares of NOS SGPS S/A dropped 1.5%.

In other parts of Europe, indexes fell, with the FTSE 100 Index declining 0.4% and the STOXX Europe 600 Index dropping 0.5% from the previous close.

On the currency front, the WSJ Dollar Index gained 0.4% to 95.92. The euro strengthened 0.3% against the dollar to $1.13.

In the bond markets, the 10-year Portuguese government bond yield fell 6.46 basis points to 3.004%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 07, 2025 12:06 ET (16:06 GMT)

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