The PSI-20 index closed the session this Monday, October 19th, losing 0.23% to 4,218.14 points, with 10 quoted up, six down and two unchanged. This was an unusual session in Lisbon, as the stock market trading was interrupted for almost three hours due to technical problems registered by Euronext, the company that manages the trading of the main national index and also the stock exchange transaction of stock exchanges. Paris, Amsterdam, Dublin and Brussels. The Lisbon square even recorded one of the biggest devaluations observed in the old continent, this on a day when despite the pessimism prevailing, the Spanish Ibex index ended up closing. The negotiating difficulties that continue to hinder an agreement in the United States on an additional economic stimulus package and the adoption, in Europe, of more restrictive measures to stop the pandemic, as recent examples in Paris and London, weighed on the sentiment of investors. The chemical industry sector was the one that fell the most on the old continent, while the rises in the banking and real estate sectors prevented the recording of greater losses by European stock exchanges.
At the national level, the EDP group and Ibersol deserve the most noteworthy note for the negative. EDP fell 1.16% to 4,498 euros and EDP Renováveis fell 2.12% to 16.64 euros.
Ibersol, on the other hand, depreciated 3.17% to 3.97 euros, which represents the lowest value since May 15.
Also contributing to the fall of the PSI-20 was the retail sector, with Jerónimo Martins falling 0.34% to 14.525 euros and Sonae sliding 0.38% to 52.6 cents.
The paper sector was particularly affected by a sharp drop in Lisbon, as Semapa added 2.26% to 7.25 euros, Altri gained 1.99% to 3.80 euros and Navigator appreciated 0.88 % to 2,062 euros.
In the energy sector, if the EDP group traded in the red, the remaining shares closed higher. Galp Energia grew 0.12% to 8,182 euros and REN rose 0.20% to 2,485 euros. Still preventing major losses were BCP (+ 0.39% to 7.8 cents), Nos (+ 1.69% to 3.128 euros) and CTT (+ 0.20% to 2.485 euros).
This rise in national postal services came on a day when CaixaBank BPI anticipated that the listed company’s profits will have fallen 61% in the third quarter of this year.