04-07-2025
Portugal Stocks Recover From 2014 Crisis, Helped by Foreign Cash
Portuguese stocks hit a 14-year high, finally recovering from losses that followed the biggest bank failure in the country's modern history.
Lisbon's benchmark PSI equity index rose 0.5% to the highest since May 2011. It topped 7,790.56 points in intraday trading for the first time since the collapse of the Espirito Santo banking empire threatened Portugal's reputation among international investors more than a decade ago.