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PSI-20 renews 3-year highs with 3% gains for EDP and BCP – Stock Exchange

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PSI-20 renews 3-year highs with 3% gains for EDP and BCP - Stock Exchange

The PSI-20 index closed Wednesday’s session with its third advance in three days. The record that allowed him to win back the highs of August 2018 today after rising by 1.02% to 5472.53 points.

With 14 companies completing growth and four unsuccessful ones, the EDP was one of those growing 2.90% to € 4.79 per share. Profit was recorded by its subsidiary EDP Renováveis, which rose 1.33% to 22.82 euros per share.

These ascents take place on the day when Berenberg more confident in the valuation of both companies on the Lisbon Stock Exchange. The German investment bank raised its target price for listed companies under the leadership of Miguel Stilwell d’Andrada in anticipation of strong growth supported by a green business strengthening strategy. Nuances were also growing (0.67%) with a maximum maturity of one year. Yesterday, JB Capital Markets strengthens its recommendation for a Portuguese company “Buy” and set a target price of € 4.89 per share. At the closing price on August 30, the day before the promissory note is issued, this target gives Miguel Almeida a potential profit of 37%.

In contrast, oil company Galp shed 0.88% to 8.60 euros per share. Today oil prices have lost more than 1%, again on the day when OPEC + agreed to continue pumping 400,000 barrels per day, every month until September 2022, when production of this raw material is expected to return to pre-pandemic levels.

BCP is the leader in Europe
The banking sector was one of the biggest gains in Wednesday’s session, as Spanish neighbors excited about the possibility of returning to full dividend payments to their shareholders. But it is in Portugal that the bank that led the day’s growth lives on the “old continent.”

See also  T2 used in Lisbon costs 10% more and in Porto it costs 15%. Real estate prices rise, sales fall - Executive Digest

BCP recorded a 2.90% gain to 13.5 cents per share on the day its Polish subsidiary Bank Millennium received a higher recommendation from an investment bank. Biuro Maklerskie mBanku upgraded its recommendation from “hold” to “accumulate”, which is equivalent to “buy”, and kept the target price unchanged at PLN 7.30, which resulted in a potential profit of 11%.

In Spain, major banks are poised to return to normal levels of shareholder compensation. Economist. Santander, Bankinter, Unicaja, Caixabank, BBVA and Sabadell have capital surpluses of € 49 billion, according to first half data. These accounts take into account the minimum capital requested by Europe (CET 1 “fully loaded”). This amount is 53% of the current market capitalization of the stock market.

According to the Spanish newspaper, in the unlikely scenario of a full distribution of this amount, this would mean more than doubling the current 22.6 billion euros, which, according to current estimates, are intended for shareholders in the next three exercises.

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Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

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Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

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The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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Economy

See how Tesla tests its electric Semi truck in the worst-case scenarios

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Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.


Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

See also  T2 used in Lisbon costs 10% more and in Porto it costs 15%. Real estate prices rise, sales fall - Executive Digest

high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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