🇵🇹 Daily Portugal news for expats & investors — FREE Subscribe

The Portugal Brief

Sign in Subscribe

Markets

Financial markets, PSI-20 performance, and investment news in Portugal.

Euro banknotes fanned out — BCP cleared €1 per share on the Bolsa de Lisboa for the first time since July 2015, exiting penny-stock territory at a €14 billion market cap.

BCP Pierces the €1 Threshold for the First Time Since 27 July 2015 — Miguel Maya's Bank Ditches the Penny-Stock Tag at a €14 Billion Market Cap

Banco Comercial Português closed Tuesday at €1.002 on the Bolsa de Lisboa — up 1.44% in a fifth consecutive gain — clearing the €1 line for the first time since 27 July 2015 and pulling Miguel Maya's lender out of penny-stock status at a €14 billion market cap.

Portuguese Households Park a Record €13.4 Billion in New Term Deposits in April — Headline Rate Notches a Third Straight Tick to 1.44% While the Eurozone Average Sits 47 Basis Points Higher at 1.91%

Portuguese Households Park a Record €13.4 Billion in New Term Deposits in April — Headline Rate Notches a Third Straight Tick to 1.44% While the Eurozone Average Sits 47 Basis Points Higher at 1.91%

Portuguese households opened a record €13.398 billion of new term deposits in April. The average rate ticked up 2 basis points to 1.44% in a third straight monthly climb, but still pays 47 bp under the 1.91% eurozone average, BdP data show.