The Portuguese Minister of State and Finance and executives from leading Portuguese listed companies were hosted today by Duncan Niederauer, CEO of NYSE Euronext, at the second Portuguese Day, which is taking place at the New York Stock Exchange today and tomorrow.
Senior executives representing corporate members of the PSI 20 Index (the Lisbon Euronext reference Index) rang The Opening Bell together with Minister Fernando Teixeira dos Santos and hosts. At a luncheon at NYSE Euronext, the Minister shared his views on the economic and investment climate in Portugal and the European Union with investors and U.S. institutions.
The event is organized by Espírito Santo Investment and NYSE Euronext Lisbon and provides leading Portuguese companies an opportunity to address the U.S. and global investor communities.
Miguel Athayde Marques, Chairman and CEO of NYSE Euronext Lisbon, and a member of NYSE Euronext Management Committee, said, “It’s my pleasure to welcome the participating listed companies from Portugal to the New York Stock Exchange. In addition to making presentations to U.S. and global investors, this is an excellent opportunity for relationship building and bringing a better awareness of European companies listed on NYSE Euronext to the United States.”
José Maria Ricciardi, CEO of the Espírito Santo Investment Bank said, “Portugal is a vital market for Southern Europe and this partnership with NYSE Euronext Lisbon will help increase the understanding of Portugal and of Portuguese companies in the world's most vibrant capital market. Bringing the leaders of these companies to New York City will help American investors gain understanding and exposure to Portuguese investment opportunities and also help the companies broaden their brand and global visibility.”
Senior level executives, most CEOs and CFOs, participated in a number of activities at the NYSE which include two days of meetings with some of the largest institutional investors.
Espirito Santo Investment is the number one investment bank in Portugal owned 100% by Banco Espirito Santo the second largest privately owned Portuguese bank. The investment bank has been serving clients for over 25 years and was named “The Best Investment Bank In Portugual” by World Finance in 2009.
NYSE Euronext Lisbon is home to 54 listed issuers from Portugal with a total global market capitalization of approximately €140 billion/$172 billion (as of May 18, 2010). PSI 20 is the benchmark index for the Portuguese market.
Background about NYSE Euronext and non-US companies:
The total market capitalization of NYSE Euronext-listed companies reached $23.1 trillion/€17.2 trillion at the end of April 2010, and its equity exchanges transact an average daily trading value of approximately $77.6 billion/€57.8 billion, as of April 31, 2010 (excl. Trade Reporting Facility [TRF]).
NYSE Euronext markets trade about 8,000 issues from 55 countries, with 70 of the world’s 100 largest companies listed on its markets.
NYSE Euronext’s US markets are the premier U.S. listing venue for non-U.S. companies, listing 503 companies from 48 countries with a global market capitalization of $8.5 trillion (as of 04/30/10).
Portuguese companies participating in the NYSE event include:
Atri Banco Comercial Portugues
Banco Espirito Santo Banco BPI
Brisa Cimpor
EDP- Energias de Portugal EDP Renovaveis
Galp Energia Jeronimo Martins
Mota-Engil Portugal Telecom
REN Sonae
Zon Multimedia
