Why PSI moves
PSI rose, in line with the market.
Written after the close on ·
Why today
15,876 news analyzed todayPSI rose, in line with the market.
No company news explains the move.
The day's gain was part of a broad rise on the Lisbon exchange, so it likely reflects wider market sentiment.
Over the last five trading days PSI also rose clearly, moving in step with the market.
The move was about four times a normal daily swing, and such large moves have been rare in the past year.
Today's move of +1.82% was 3.6 times a normal day's 0.5%. PSI moved +1.82% on the same day.
PSI +1.82%PSI +1.82%In step with the market
10,000 EUR in PSI bought on November 4, 2016 is worth 21,000 EUR today, with dividends reinvested.
What would 10,000 EUR in PSI be worth today? →
What would 10,000 EUR in PSI be worth today?
21,000 EUR
with dividends reinvested, bought on November 4, 2016.
At worst it was worth 8,030 EUR (March 19, 2020).
The five biggest days of the journey
· −9.8% · the whole market fell 9.8% the same day
· −8.7% · the whole market fell 8.7% the same day
· +7.8% · the whole market rose 7.8% the same day
· −5.6% · the whole market fell 5.6% the same day
· −5.0% · the whole market fell 5.0% the same day
Earlier days
+2.16% market +2.16% PSI, the main Portuguese stock index on the Lisbon exchange, rose clearly over the week and moved in line with the wider market. Read →
PSI, the main Portuguese stock index on the Lisbon exchange, rose clearly over the week and moved in line with the wider market.
The gains came mainly on Wednesday, when Portuguese shares closed higher, and the index held on through a few weaker sessions earlier in the week.
The latest session was roughly flat, and the index sits well above its lowest level of the past year.
−2.36% market −2.36% PSI, the main Portuguese share index on the Lisbon exchange, fell sharply over the last five trading days. Read →
PSI, the main Portuguese share index on the Lisbon exchange, fell sharply over the last five trading days.
The fall was in line with the broader market over the same days.
Portugal's index fell on most sessions, with the decline described as one of the bigger weekly moves for PSI in the past year.
Company-level news was limited to lower closes tied to pressure on utilities and construction names such as EDP, EDPR and Mota-Engil.
−1.46% market −1.46% PSI fell sharply, with no company news explaining it. Read →
PSI fell sharply, with no company news explaining it.
Over the same days the market fell sharply too, so the move matched the market.
Over the last five trading days PSI also fell clearly, in line with the market.
Still, the index stayed well above its lowest close of last year, though it sits below its late-September high.
Shares of Portugal's largest companies, such as EDP and EDP Renováveis, have weighed on the index recently.