Thursday, November 27, 2008

Bolsa rises 2% enlivened by strong gains in BCP and Galp

The national stock exchange following the win over 2% due to increases of heavyweights. BCP and Galp are in focus.

The PSI20 advancing 2.22 percent to 6271.42 points, with 17 of the 20 listed companies to trade up.

In Europe, gains ranging from 0.80% in London and 2.07% in Paris, after Asia, the markets have closed savers by cutting interest rates in China.

In India, the trading of their equity markets, bonds and currency raw materials was suspended after the country was the target of several terrorist attacks that has already killed more than 100 in the financial heart of Bombay.

For now, the cheer is Galp Energia which climbs 3.57% to 8.70 euros, despite the fall in oil prices in international markets. Also in energy, EDP Renewable climb 3.16% to 4.56 euros and EDP values 1.34% to 2.72 euros.

In banking, the BCP off 4.13% to 0.78 euros, the BIS progressing 1.76% to 1.44 euros and BES advancing 1.90% to 5.89 euros.

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