Lisbon recorded widespread declines this session, following the negative sentiment felt across the major European indices. The PSI-20 broke a streak of two consecutive sessions of gains.
The selling pressure was driven by the return of accelerating energy prices, which penalized stock market performance across Europe.
The Portuguese index was pressured by almost all of its heavyweights, i.e., the largest listed companies, with no sector managing to escape the negative sentiment.
The context of uncertainty in energy markets thus returned to dominate European stock market dynamics, negatively influencing the performance of the Lisbon exchange.
