PSI 20 closes higher as BCP leads: 0.5 percent
Published on 10/12/2026 at 22:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- The PSI 20 added 44 points, or 0.5 percent, to 9,311 points on October 12.
- WTI rose 1.9 percent to USD 93.62 as European banks led gains.
- BCP gained 1.9 percent, while CTT fell 3.3 percent and led decliners.
- Portugal's final September inflation data are due October 13 at 10:00 a.m. WEST.
The PSI 20 closed on October 12 at 9,311.49 points, gaining 43.99 points, or 0.47 percent, according to Jornal Economico. European banks led gains as oil prices continued higher, with Brent at USD 106.61 and WTI at USD 93.62.
BCP was the strongest major mover, rising 1.91 percent after Portugal's finance minister denied reports that the state could acquire a stake in the bank. CTT was the weakest stock, falling 3.31 percent.
Why did the PSI 20 rise despite higher oil prices?
The index followed a stronger European session, where banking stocks led advances. The move came as Brent rose 1.80 percent and WTI gained 1.93 percent. Portuguese 10-year yields edged up to 3.96 percent, while German 10-year yields fell to 3.47 percent, Jornal Economico reports.
PSI 20 winners and losers on October 12
Nine of the index's 16 members finished higher, according to Jornal de Negocios.
- BCP up 1.9 percent: the finance minister denied reports about a possible state stake.
- EDP up 1.4 percent.
- Altri up 1.1 percent.
- CTT down 3.3 percent: the day's weakest PSI 20 member.
- Galp Energia down 0.7 percent: the company released third-quarter operating data after the close.
- The Navigator down 0.4 percent.
What comes next for the PSI 20
The next Lisbon session starts on October 13 at 8:00 a.m. WEST. Portugal's final September inflation figures are scheduled for 10:00 a.m. WEST, with a prior annual rate of 3.6 percent and a forecast of 3.3 percent, Trading Economics shows. Germany's final September harmonized inflation data are also due Tuesday, with a 3.3 percent annual forecast, Admiral Markets reports.
