PSI-20 closes with slight losses in the day that 10-year interest rates traded at negative rates for the first time

The main Portuguese stock index closed with a depreciation of 0,46% to 4.607,25 points. It is the first fall after five sessions to negotiate on 'green'. The Lisbon square, which started with gains, ended up being penalized by the devaluations of BCP and Galp.


The Lisbon stock exchange closed Thursday's session on negative ground, on a day when, for the first time in history, the interest on Portuguese Treasury Bonds for 10 years negotiated the negative interest in the secondary market, touching -0,01%.

The main Portuguese stock index, PSI-20, closed with a devaluation of 0,46% to 4.607,25 points. It is the first fall after five sessions to negotiate on 'green'.

The Lisbon square, which started with gains and maintained them until the beginning of the afternoon, ended up being penalized by the 2,94% drop in BCP, to 11,88 cents, as well as by Galp Energia, which fell 2,24% to 9,50 euros. Also noteworthy is the fall of almost 2% in CTT - Correios de Portugal and 1,53% in Novabase.

The shares of retailer Jerónimo Martins fell 0,32% to 14,12 euros, on the day that the owner of Pingo Doce approves, in an extraordinary general meeting, a dividend of 13,8 cents per share.

On the other hand, Ibersol continued to lead the gains, which rose 8,39% to 5,04 euros.

In the rest of Europe, sentiment is equally pessimistic. The German DAX index slid slightly 0,01%, the British FTSE 100 lost 0,45%, the Spanish IBEX 35 fell 0,73%, the French CAC 40 depreciated 0,08% and the Italian FTSE MIB fell 0,44 %. Only the Dutch AEX rose 0,17%.

“AstraZeneca admitted to conducting an additional test to evaluate its Covid-19 vaccine, after the latest studies have raised questions about the level of effectiveness. In Germany, Chancellor Angela Merkel urged Germans to do more to contain the pandemic, as the nation experienced a record daily jump in new cases and deaths related to the virus, ”explained analyst Ramiro Loureiro, trader at Millennium bcp, in a market note.

The value of 'black gold' is declining. The price of WTI oil, produced in Texas, drops 1,49% to $ 45,03 per barrel, while Brent's barrel price is depreciating 1,28% to $ 47,91.

As for the foreign exchange market, the euro depreciated only 0,03% against the dollar, to $ 1,1909, and the pound sterling decreased 0,21% against the United States currency, to $ 1,3354.

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