Portuguese Stocks Gain 0.3% in Morning Trading

Dow Jones
07/29

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

Stocks in Portugal rose during early trading Wednesday, as the Portugal PSI 20 Index added 0.3% to 9164.52.

Among local companies with a market cap of at least 100 million euros ($114.0 million), Galp Energia is the biggest leader this morning, rising 1.9%, and EDP Renovaveis increased 1.4%. Novabase rounds out the top three movers, as shares gained 1.1%.

Sprt Lisb Benf-Futebl SAD is the biggest early laggard, tumbling 5.7%, followed by shares of Sonaecom, which declined 2.7%. Shares of CTT-Correios de Portugal declined 1.2%.

On the currency front, the WSJ Dollar Index fell 0.1% to 97.47. The euro strengthened 0.1% against the dollar to $1.14.

In the bond markets, the 10-year Portuguese government bond yield rose 1.34 basis points to 3.472%.

Data source: Dow Jones Market Data, FactSet

 

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