The PSI-20 ended Thursday’s session with a 0.59% gain to 5,015.30 points, the third consecutive gain in the national stock market, a record that is in line with sentiment recorded among peers in Europe.
Thursday’s meeting marked a new meeting on monetary policy of the European Central Bank (ECB), the first since the authorities prepared their first strategic review in 18 years. Christine Lagarde, head of the institution, chose to maintain a rigidly adaptive market support policy.
Here the attention was drawn by telecommunications company Nos, which rose 2.97% to 3.054 euros per share, in response to the results presented yesterday after the close. This was announced by a company led by Miguel Almeida. profit 73.9 million euros by June will more than double the results of the first half of 2020.
Looking at the second quarter alone, profit fell 4.4% year-on-year to € 43.3 million, but rose 41.5% from € 30.6 million in the first three months of the pandemic-capped year. …
Analysts applauded these figures. JP Morgan, Goldman Sachs, Citi and Morgan Stanley in research note that Negotsio had access. same O Credit Suisse raised its target price for Nos shares from 3.30 to 3.40 euros, giving 15.1% upside potential. compared to yesterday’s closing price (2.954 euros). The bank retained its recommendation neutral, according to the note that Negotsios had access to.EDP Renováveis (+ 2.43%) and EDP (+ 1.57%) also went up. BCP fell 1.69%, while oil company Galp fell 2.53%.
