Jerónimo Martins and Galp penalize national stock exchange – Jornal de Negócios – Portugal

The Portuguese market continues to trade in negative territory but now penalized by the bonds of Jerónimo Martins and Galp Energia. Falling for the third consecutive session following the titles of Pharol.

The main index of the domestic market lost 0.36% to 5585.78 points, and follows the falls that are registered in other European markets. Investors are waiting, expectantly, the disclosure of the minutes of the US Federal Reserve hoping to find there some indication of the time when the central bank will go up the country’s interest rates.

The United States initiated the move the interest rate cut in 2007, in full crisis of “subprime”, which at the end of the following year took the value of money for the range between 0% and 0.25% – value that continues today. The market anticipates that the institution led by Janet Yellen again raise interest rates as early as next September.

In the National Stock Exchange, the PSI-20 negotiates with 14 listed in fall, two high and two unchanged. Jerónimo Martins and Galp Energia are listed more penalize the Portuguese market to lose, respectively, 0.40% and 0.93%.

The owner of Pingo Doce negotiates in 13.75 euros and the oil in 10.175 euros. Also in the energy sector, EDP fell 0.03% to 3.367 euros and EDP Renováveis ​​loses 0.42% to 6.413 euros.

The Pharol, former PT SGPS, negotiates in negative territory for the third consecutive session. The company led by Luís Palha da Silva falls 1.11% to 26.7 cents per share.

In the banking sector only the BCP negotiate in positive territory with a gain of 0.16% to 6.32 cents. Banif already lost 1.67% to 0.59 cents. The BPI, which was the last session of the star, falls 0.79% to 1.008 euros. On Monday, the shares of the bank led by Fernando Ulrich appreciated more than 8% after the Spanish newspaper El Confidencial has reported that Caixabank may sell a stake of 44% which is the Portuguese bank. In June the Spanish bank dropped the takeover bid for BPI for failing to desblindar the statutes.