Markets, Business & Tech Briefing: Bolsa Shut at 9,033 Into Monday Reopen, BCP CEO Maya Backs Bank of Portugal's DSTI-Cut for Housing Credit, Mota-Engil €110M Bond Closes Tuesday at 4.60%, Sonae SGPS Q1 Tuesday Pre-market

Outlook: Pump Prices Reverse Higher From Monday With Gasolina 95 at €2.016/L (+4 Cêntimos), Mota-Engil €110M Bond Closes 15:00 Tuesday at 4.60%, Sonae SGPS Q1 Tuesday 20 May Pre-market, Brussels Spring Forecast Wednesday 21 May, Altri Q1 Thursday 22 May, Mota-Engil Listing Friday 22 May

Outlook: Monday 18 May 2026 reopens at the 9,033.06 Friday close with the DBRS Morningstar positive-trend upgrade and the Maya–BdP DSTI macroprudential-overlay framing the listed-banking equity beta, while the Portaria 213-A/2026 ISP-and-mark-up transmission prints gasolina 95 at €2.016 per litre (up 4 cêntimos) and gasóleo simples tracking a similar reverse-higher line at the pump from the Monday open — the 9,000 PSI level the live downside test if the European-wide long-duration sell-off carries a third session. Tuesday 19 May closes the Mota-Engil €110 million sustainability-linked-bond retail-subscription window at 15:00 on the 4.60% fixed annual coupon ahead of the Friday 22 May Euronext Lisbon listing. Tuesday 20 May walks Sonae SGPS Q1 2026 pre-market with the Musti +15.6%/Petco Norway +25.5%/ZU €13.5M pet-care-segment read-through, the Continente grocery-flagship comp and the NOS telecom-stake carry the four anchor inputs into the consumer-services beta print. Wednesday 21 May drops the Brussels Spring 2026 Economic Forecast for Portugal as the next clean external-validation input on the 1.9%-2.1% real-GDP-growth-and-inflation-mix consensus baseline ahead of the IMF Article IV close-out write-up. Thursday 22 May books Altri Q1 2026 against the Hawkins Wright BHKP-pulp-price reference index that ran roughly 11% lower across the quarter, with the conference call on Friday 23 May and the €0.25 per share ordinary-dividend ex-day on Tuesday 26 May paid 28 May. Thursday 29 May walks the Vista Alegre Atlantis delisting AGM through the cash-out clock at €1.07 per share against the 5.24% free float — Visabeira's 84.76% block printing the squeeze-out trigger under Article 196 of the Código dos Valores Mobiliários and the Cristiano Ronaldo CR7 investment vehicle's 10% stake walking through the same minority cash-out window — running in parallel with the Saturday-registered Visabeira Indústria mandatory tender offer for Martifer at €2.057 per share on the 92.13% consolidation block. The macro-and-political-economy overlay continues to anchor the medium-term consumer-and-services equity beta on the back of the Trabalho XXI labour-reform bill the Conselho de Ministros approved Thursday 14 May for the Assembleia da República walk and the CGTP 3 June general strike pré-aviso locked into the same window.