PSI and major European stock markets hit by Israel's attack on Iran

The Lisbon stock exchange closed in line with most of the main European markets, as the PSI index slipped 0.64% to 7,475 points, in the session this Friday, “marked by risk aversion, after Israel launched a vast air strike on Iran tonight, hitting nuclear facilities and more than a hundred military targets related to the Iranian nuclear program, killing several senior regime officials”, highlight MTrader analysts.

Among the most significant falls, Mota Engil fell 2.54% and shares remained at 4.072 euros, while EDP Renováveis ​​saw a 2.31% cut to 9.50 euros. CTT saw a 2.29% drop to 7.26 euros.

In the opposite direction, shares in Ibersol and Semapa stood out, advancing 1.49% to 10.20 euros and 0.74% to 16.30 euros, respectively. Galp followed, advancing 0.54% and reaching 15.78 euros.

Among the most important European markets, there were falls of 1.24% in Italy, 1.23% in Spain, 1.09% in Germany, 1.04% in France and 0.36% in the United Kingdom. The Euro Stoxx 50 contracted by 1.31%.

On the futures market, the price of Brent crude oil rose 6.14% to $73.62, while crude oil rose 6.29% to $72.32 per barrel in trading. On the foreign exchange market, the euro fell 0.26% to $1.1554. MTrader analysts point out that “oil prices rose more than 13%, the biggest daily move in over 3 years, with Brent crude oil surpassing $78 per barrel, reflecting the direct impact on global markets, as Iran is one of the main exporters of crude oil to countries such as China and India”.