Conflict in the Middle East sends PSI to worst week in nearly a year. BCP plunges 9%

Friday, 6 March 2026RSS
Conflict in the Middle East sends PSI to worst week in nearly a year. BCP plunges 9%

The Portuguese stock market ended the week with a decline of over 3.5%, the worst performance since April last year. Mota-Engil and BCP closed down more than 9%, with the conflict in the Middle East accelerating a sell-off in global equity markets. The PSI index closed Friday's session with a slight ...

Context & Explainers

Miguel Maya is the CEO of BCP (Banco Comercial Português), one of Portugal's largest private banks. He recently warned that urgent action is needed to help businesses and protect jobs after severe weather damage, which matters because banks may face higher loan defaults and could offer emergency credit or relief to affected customers.

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