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Lisbon Stock Exchange Dips Amid Mixed performances
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By Anya Sharma | LISBON – 2025/06/18 09:48:54
The Lisbon stock exchange experienced a downturn during Wednesday’s session, diverging from the modest gains observed in other major European markets. The PSI index decreased by 0.18%, settling at 7,434.12 points, with seven listed companies showing gains, seven experiencing losses, and amorim corticeira remaining unchanged.
Banco Comercial Português (BCP) substantially impacted the index due to trading without dividend rights. The bank’s shares fell by 2.95% to €0.6522. Adjusting for the dividend effect, BCP shares would have risen by 1.51%.
Altri‘s shares declined by 1% to €4.94, while REN and SEMAPA each decreased by 0.49%, trading at €3.02 and €16.16, respectively.
EDP (Energias de Portugal) and Jerónimo Martins helped mitigate further losses on the PSI. EDP shares increased by 0.94% to €3.657, while jerónimo Martins, owner of Pingo Doce, rose by 0.85% to €21.36.
Among other significant stocks, EDP Renewables increased by 0.31% to €9.61, and Galp saw a slight increase of 0.06% to €15.91. The oil company announced yesterday that it won, in a consortium with Petrobras, the concession for the exploration of three blocks in Brazil.
EDP and Jerónimo Martins helped mitigate further losses on the PSI.
Frequently Asked Questions
What factors caused the Lisbon stock exchange to decline?
The decline was primarily influenced by BCP’s shares trading without dividend rights and drops in Altri, REN, and SEMAPA shares.
Which companies helped prevent greater losses on the PSI?
EDP and Jerónimo Martins showed positive performance, mitigating further losses on the index.
What was the impact of BCP trading without dividend rights?
BCP’s shares fell by 2.95% due to this factor, significantly impacting the overall index.
