In Recovering Portugal, Family-Owned Stocks Give Best Returns

Page created: Thursday, 21 December 2017 10:17 GMT

Mota-Engil  PSI 20  stocks

A glance at the benchmark PSI 20 Index, which is having its best year relative to the Stoxx Europe 600 since 2007, reveals that six of the top seven performers are companies partly controlled by a founder or heirs. Biggest gainer Mota-Engil SGPS SA, whose chairman Antonio Mota is the son of the 71-year-old builder’s founder, has more than doubled in value since December’s close.