A steep sell-off in Portuguese equities has opened opportunities for the risk-seeking investor to cheaply cash in on high dividends or gain exposure to fast growing emerging markets, while avoiding domestic-focused stocks.
After sinking 28 percent in 2011, the benchmark Lisbon stocks index, PSI-20, has risen 5.5 percent since the start of February, outperforming a 4.3 percent increase on the pan-European FTSE Eurofirst 300 and heading for its first monthly gain in a year.
Source : Reuters lire le PDF
A steep sell-off in Portuguese equities has opened opportunities for the risk-seeking investor to cheaply cash in on high dividends or gain exposure to fast growing emerging markets, while avoiding domestic-focused stocks.
After sinking 28 percent in 2011, the benchmark Lisbon stocks index, PSI-20, has risen 5.5 percent since the start of February, outperforming a 4.3 percent increase on the pan-European FTSE Eurofirst 300 and heading for its first monthly gain in a year.