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Article: Galp is Sep '09 top-pick of fund managers - poll.
- Article from:
- ADP News Portugal
- Article date:
- September 18, 2009
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(ADPnews) - Sep 18, 2009 - Portuguese oil and natural gas firm Galp Energia (ELI:GALP) is the top-pick of the fund managers for national shares for September 2009.
Galp is expected to take advantage of the high potential coming from oil exploration in Brazil, as well as of the forecasts for a rise in oil prices, according to analysts polled by Reuters.
Three of the four polled investment institutions said Galp is their most preferred stock. The fund managers prefer also Portuguese banks Banco Espirito Santo (ELI:BES) and BPI (ELI:BPI), toll-road operator Brisa (ELI:BRI), IT firm Novabase (ELI:NBA), paper and pulp company ...