Portuguese Stocks Gain 0.4% in Morning Trading

Dow Jones
07/31

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

Stocks in Portugal rose during early trading Friday, as the Portugal PSI 20 Index increased 0.4% to 9181.12.

Among local companies with a market cap of at least 100 million euros ($115.1 million), Ramada Investimentos is the biggest leader this morning, adding 3.6%, and EDP Renovaveis added 1.4%. Sonaecom rounds out the top three movers, as shares gained 1.4%.

REN-Redes Energeticas Nac is the biggest early laggard, declining 1.1%, followed by shares of Semapa, which slipped 0.9%. Shares of Novabase slipped 0.5%.

On the currency front, the WSJ Dollar Index rose 0.2% to 96.46. The euro weakened 0.1% against the dollar to $1.15.

In the bond markets, the 10-year Portuguese government bond yield fell 1.29 basis points to 3.495%.

Data source: Dow Jones Market Data, FactSet

 

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