Lisbon’s stock market kicked off the week on a positive note, with the PSI index rising by 0.13% to reach 6,603.58 points. Among the 15 major listed companies, eight saw gains, three experienced losses, and four remained unchanged. Leading the charge was Semapa, which surged by 1.11% to €14.58 after announcing an impressive 8.6% increase in profits, totaling €182 million, for the year up to September.
The positive sentiment in the Lisbon market was bolstered by strong performances from several key players in the energy sector. Notably, EDP Renováveis is set to release its third-quarter results on Wednesday, contributing to the optimism surrounding energy stocks. The following companies showed notable gains:
On the flip side, some companies faced declines, with Jerónimo Martins standing out as it fell by 0.66% to €18.15. This decline came after the retailer reported a nearly 20% drop in profits, although the results exceeded investor expectations. Other companies that experienced losses included:
- BCP: -0.32% to €0.4616
- Altri: -0.30% to €5.045
Investors are keenly awaiting the quarterly results from several companies, which could further influence market dynamics. Notably, Corticeira Amorim is scheduled to release its quarterly results later today, which may impact its stock performance and the overall market sentiment.
