The PSI 20 lost its shine and is trading lower mid-morning, falling 0,43% to 3,872.00 points.
The national stock market is being pressured by the declines of Galp, Millennium bcp and Jerónimo Martins.
The Portuguese energy company yields 1,05%, to 6,79 euros, penalized by the fall in the price of oil. In London, Brent's barrel fell 3,73% to $ 38,17. In the United States, WTI yields 4,01% to $ 35,89.
BCP securities, which this afternoon show the results for the first nine months of the year, are losing 1,42%, to 0,0693 euros. Jerónimo Martins, which presented results this wednesday, loses 2,28%, to 13,72 euros.
Around 11:30 am in mainland Portugal, there are 13 listed shares trading low, one unchanged (Sonae Capital) and four up, led by the gains of EDP Renováveis, which advanced 1,94%, to 15,76 euros, with the market to react positively the decrease in profits in the first nine months of the year in year-on-year terms.
Among the main European markets, the trend is now negative. Only the British FTSE 100 trades slightly higher. Ibex 35 is the most penalized index for the time being, yielding 1,42%, to 6,382,80 points, punished by the devaluations of Inditex and Telefonica.
The market sentiment is being marked by the new confinements enacted in France and Germany that will have economic consequences - the German closure is partial.
Investors are now focusing on the meeting of the Governing Council of the European Central Bank, which will announce the decision on monetary policy this Thursday, at 12:45 pm in mainland Portugal.