Portuguese Stocks Rise For Third Session

Dow Jones
08 May

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)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10