The PSI-20 fell -0,89% to 4.351,21 points, with 11 index securities falling. The highlight in the losses goes to Jerónimo Martins, which lost -2,95% to 15,12 euros. Pharol slid -1,94% to 0,1010 euros and Mota-Engil lost -1,58% to 1,124 euros. Altri also stood out in the fall by decreasing -1,36% to 4,21 euros and Novabase lost -1,29% to 3,070 euros.
In the green, among the seven exceptions to the fall are Corticeira Amorim, which rose + 1,19% to 10,20 euros; EDP Renováveis which rose + 1,14% to 12,44 euros and EDP which rose + 1,06% to 4,29 euros. On the day it became known that electricity consumption recovered in June from the 13,2% fall registered in May. The data are from REN and show that the year-on-year decline in June was 7,4%.
NOS also saw shares rise + 0,72% to 3,63 euros. REN stands out for the increase of + 0,41% to 2,44 euros.
The PSI20 was conditioned by the dividend detachment from NOS. "Galp reacted with indifference to an upward revision by an international investment firm," says market analyst Ramiro Loureiro at Millennium BCP.
In Europe, good activity data generated little optimism for investors. European stock markets ended in a slight fall, on the day when it was revealed that industrial activity in the Eurozone slowed down the pace of contraction in June and that in the US the sector unexpectedly returned to expansion.
EuroStoxx 50 fell -0,17% to 3.228,45 points; CAC 40 decreased -0,18% to 4.927 points; the DAX lost -0,41% to 12.260,6 points; the IBEX also closed down, although less, it fell -0,06% to 7.227,4 points and the FTSE MIB in Milan fell -0,23% to 19.330,88 points.
London's FTSE 100 lost -0,19% to 6.157,96 points, despite British industrial activity expanding again in June.
“Notes from the IMF that Asia's economic output is expected to continue to contract until 2022 were another highlight of the session, as were statements by an infectious disease specialist in the U.S. who alerted lawmakers to the possibility of soil coronavirus infections North American to rise to 100 thousand new cases per day if the current behaviors are maintained ”, says the analyst of the BCP group.
On the other hand, “a test of the Covid-19 vaccine from BioNTech in partnership with Pfizer showed good results and brings hope to fight the virus ahead of schedule”, describes Ramiro Loureiro.
“However, on Wall Street, the Nasdaq 100 technology index is showing signs of appreciation for securities such as Amgen, Netflix, Facebook, Tesla and Amazon. At 19 pm attentions turned to the minutes of the last Fed meeting, which can dictate the outcome of today on Wall Street ”, explained the analyst.
In macroeconomics, the Eurozone industry has slowed down the pace of contraction. In June 2020, the seasonally adjusted PMI (Purchasing Managers' Index) in the Eurozone industry was 47,4 points, which compares with 39,4 points recorded in May 2020. This value is the maximum recorded in 4 months. The Index is below the neutrality threshold (50,0).
Brent oil, a reference in London, rose + 1,89% to $ 42,05 a barrel. The euro appreciated + 0,20% to $ 1,1257.
In the public debt market, German bunds increased 6 basis points to -0,40%. While Portuguese Treasury Bonds fall -0,30 basis points to 0,47% and Spanish debt soars 3,49 basis points to a yield of 0,50%. Italy also with interest rates rising, +1,26 basis points to 1,27%.