Portuguese Stocks Decrease 0.1% in Morning Trading

Dow Jones08-14 15:31

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Portugal slipped during early trading Friday, as the Portugal PSI 20 Index fell 0.1% to 9244.83.

Among local companies with a market cap of at least 100 million euros ($115.5 million), Novabase is the biggest early laggard, slipping 0.8%, followed by shares of EDP Renovaveis, which slipped 0.7%. Shares of Teixeira Duarte slipped 0.5%.

Galp Energia is the biggest leader this morning, rising 1.1%, and Navigator gained 0.4%. CTT-Correios de Portugal rounds out the top three movers, as shares climbed 0.3%.

On the currency front, the WSJ Dollar Index declined 0.1% to 96.13. The euro strengthened 0.2% against the dollar to $1.15.

In the bond markets, the 10-year Portuguese government bond yield increased 2.38 basis points to 3.487%.

Data source: Dow Jones Market Data, FactSet

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