Thursday, 23 August 2007

PSI 20 index – Brisa and PT Multimedia two opposite stories on the 23rd of August, 2007

PSI 20 Index ended up loosing steam with a rise of 0,31%, quite below the more than 1% that registered early on the day.

Probably the confusing figures that arrived from NYSE near the end of the European markets paid a role on the outcome.

Nevertheless the day ended with a big surprise that is still to be explained: PT Multimedia that hovered about a null variation during almost all day ended climbing 2,52% which was the highest rise of the day, surpassing for instance the “inevitable” Altri SGPS (2,25%). Entertainment (Impresa, + 2,20%), Construction (Mota-Engil, + 2,10%) and Cement (Semapa +2,10%) completed the “more than 2% rise” team of the day.

On the other side of summer the highlight goes to Brisa (Construction, Highways) that slipped 1,15%, in the day that come the news that it’s administration is looking for a local partner to cooperate in the newly conquered contract for The Northwest Parkway Public Highway Authority (USA).

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