Lisbon’s benchmark index, the PSI20, closed Fridays trading up 0.88% at 5,686.16 points, with banks BPI and BCP, along with Galp and PT all in the black.
BPI gained 4.32% to €1.512, followed by oil company Galp (up 3.45% to €10.265), then PT which closed at €0.711 and BCP that closed at €0.0883, both gaining around 2.45%.
On the down side, power utility EDP lost 2.92% to end at €3.353 and stopped the index climbing higher as it is one of the market’s heavy-weights.
This means the PSI20 is roughly back to where it was last September as it has risen well over the past month from 5265 points but is still well below where it stood 12 months ago at 7475, but it does seem to be recovering steadily.
DN/ADB // ADB.
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