Euronext in 14% appreciation forecast
The Portuguese economy should grow at a faster rate than the other Euro Zone countries and that will benefit Lisbon’s stock market Euronext Lisbon.
The PSI-20 Index of listed companies has the potential to appreciate by an average of 14% by December 2024 according to investment prospects for the fourth quarter from the Spanish bank Bankinter.
However, the most probable scenario is that the growth is more likely to be around 14% according to the bank’s projections. The percentage remains, however, below the estimate for the Stoxx-50 (18%) and Ibex-35 (14.4%).