Financial markets, PSI-20 performance, and investment news in Portugal.
The five largest banks operating in Portugal — Caixa Geral de Depósitos, Banco Comercial Português, Novobanco, Santander Totta and BPI — closed the first quarter of 2026 with €1.279 billion in combined net profit, a 4.9% year-on-year increase...
Portugal's working week of 11-17 May 2026 packs the IGCP €1.5 billion OT auction and Mota-Engil Q1 on Wednesday, the Trabalho XXI anteprojeto walking into Parliament, the 109th-anniversary Fátima 12-13 May pilgrimage, and the United Newark-Faro restart on Friday.
Mota-Engil reports Q1 2026 after market close Wednesday 13 May. The 8 May €113.5M Linha do Minho win lands in Q2 backlog; the Q1 print frames the 2025 €40M base, the €15-16B order book, the Africa EBITDA-margin trajectory and the Mozambique LNG mobilisation read.
IGCP confirmed a double OT auction for 13 May 2026 with an indicative €1.25-1.5 billion range, splitting issuance between the 4-year October 2030 line and the 10-year June 2036 line that printed 3.304% at the 8 April tap. Brent below $100 should pull yields tighter.
CGD Q1 2026 net profit was €397 million (+1%). The headline event is the €1.25 billion dividend to the Treasury — the largest from any Portuguese bank in history. Macedo set 3 June as the binding-bid deadline for the Brazilian subsidiary (Nubank, Garantia, MD Capital, Sputnik in the room).
Worx WOutlook Q1 2026 puts Portuguese commercial real-estate investment at €915M — 39% hotel, 37% retail. The Penha Longa sale to L Catterton/Cedar and the Arrábida-Gaia carve-out drive the print; full-year forecast walks to €2.8–3bn.
Visabeira Indústria has filed the convocation for a 29 May AGM that will vote on pulling Vista Alegre Atlantis off Euronext Lisbon. The exit price is €1.07 per share, free float is down to 5.24%, and CR7 — Cristiano Ronaldo's holding — sits on the 10% block acquired off-market in 2024.
