Portuguese Stocks Increase 0.9% in Early Trading

Dow Jones
Jul 30

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

Stocks in Portugal rose during early trading Thursday, as the Portugal PSI 20 Index rose 0.9% to 9127.11.

Among local companies with a market cap of at least 100 million euros ($114.4 million), Jeronimo Martins is the biggest leader this morning, surging 5.3%, and CTT-Correios de Portugal jumped 2.8%. Sonaecom rounds out the top three movers, as shares rose 2.8%.

Corticeira Amorim is the biggest early laggard, dropping 1.2%, followed by shares of REN-Redes Energeticas Nac, which slipped 0.8%. Shares of EDP Renovaveis slipped 0.3%.

On the currency front, the WSJ Dollar Index gained 0.2% to 97.32. The euro weakened 0.3% against the dollar to $1.14.

In the bond markets, the 10-year Portuguese government bond yield increased 0.96 basis point to 3.531%.

Data source: Dow Jones Market Data, FactSet

 

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