Lisbon Stock Exchange starts week in the red. CTT sunk more than 3% – Stock Exchange
The Lisbon stock market started the week in negative territory, in line with the prevailing sentiment in the main European markets.
After last week seeing the European Central Bank head to confirm an interest rate hike in eurozone countries in July, investors are now expecting the US Federal Reserve, at its Wednesday meeting, to indicate whether it will The United States does not bet on economic policy, more aggressively or after the inflation figures in the United States.
Here, this morning the PSI started a trading session with a drop of 0.67%, to 6047.03 points, with 12 quoted in red and only three in green. CTTm led the appreciations with a fall of 3.19%, followed by BCP which recovered 2.02%, after having seen Trigon analysts indicating that Millennium bank, the Polish arm of the institution by Miguel Maya, could having to carry out a capital increase to decide how to default on housing loans by the government of Warsaw.
Mota-Engil (1.10%) and Corticeira Amorim (-1.17%) fell above 1%. Among the stock heavyweights, in the declines, Galp Energia and EDP both fell 0.52% and Jerónimo Martins dropped 0.43%.
In the opposite direction, leading the gains is EDP Renováveis with a rise of 0.31%. Greenvolt (0.29%) and Altri (0.16%) are two other listed companies that were also trading in green in the first few minutes.