Portuguese Stocks Decrease 4.8%

Dow Jones
04-05

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

Stocks in Portugal fell Friday, as the Portugal PSI 20 Index fell 4.8% to 6635.79, snapping a three-session winning streak.

Among local companies with a market cap of at least 100 million euros ($110.0 million), EDP Renovaveis was the biggest laggard, plunging 9.6%, followed by shares of Banco Comercial Portugues, which plunged 9.4%. Shares of Mota-Engil plunged 7.5%.

Toyota Caetano Portugal was the biggest leader during the session, rising 3.0%, and VAA-Vista Alegre Atlantis gained 1.0%. Novabase rounded out the top three movers, as shares climbed 0.7%.

In other parts of Europe, indexes fell, with the FTSE 100 Index dropping 5.0% and the STOXX Europe 600 Index dropping 5.1% from the previous close.

On the currency front, the WSJ Dollar Index gained 0.9% to 98.86. The euro strengthened 0.4% against the dollar to $1.10.

In the bond markets, the 10-year Portuguese government bond yield declined 0.76 basis point to 3.183%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

April 04, 2025 12:06 ET (16:06 GMT)

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