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Power outages leave PSI-20 in the dark about profits in the rest of Europe – Stock Exchange

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The PSI-20 index closed the session on Tuesday, October 26, with a devaluation of 0.39% to 5,714 points. Outside, the feeling of greenness among other European plazas contrasted with the falls recorded in Lisbon on the day the energy sector fell below the waterline.

Major European indices showed growth, with the exception of PSI20. The national index was penalized with a drop of almost 3% for Greenvolt and more than 1% for CTT, EDP, Sonae and Galp, ”said Ramiro Loureiro, market analyst at Millennium Investment Banking.

The biggest drop was Altri subsidiary Greenvolt, which shed 2.90% to € 7.03 / share, while EDP fell 1.08% to € 4.84 / share. EDP ​​Renováveis ​​depreciated 0.42% to 23.68 euros per share.

Galp Energia closed the day with a 1.02% drop at € 9.35 a share, while oil prices stalled. Both Brent, which serves as the benchmark for Portugal, and the North American WTI (West Texas Intermediate) ended the European session near the waterline after strong rallies in recent days.

Remaining company in the energy sector listed on the national stock exchange, REN – Redes Energéticas Nacional also did not exceed its 0.75% loss at € 2.63 per share.

“BCP, on the other hand, managed to reverse negative moods this morning and ended up in the top three on the day that Bank Millennium reacted positively to accounts in the last quarter that showed a decline in loan-related reserves in Switzerland. Francs.” – continues Ramiro Laurel.

The bank, headed by Miguel Maia, rose 0.71% to 0.156 euros per share.

O Millennium BankThe bank controlled by BCP in Poland ended the first nine months of the year with a loss of PLN 823 million (EUR 181 million). The results were again influenced by the provisions set by the bank in the event of conversion of mortgage loans into foreign currency. Without these provisions, the institution would have registered profits in the specified period.

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