LISBON (Thomson Financial) - Market data at 9.15 am:
PSI-20 index: up 56.29 points at 13,461.63.
Major gainers:
-Heavyweight EDP, up 0.06 eur or 1.47 pct at 4.15. Spanish press reports said that Algerian energy group Sonatrach is in talks to buy 20-25 pct of EDP's combined cycle gas plants in Spain. Sonatrach is also targeting stakes in EDP's gas installations in Portugal, where it would contribute operating know-how.
-Blue chip Portugal Telecom, up 0.06 at 11.87, also supporting the PSI 20 index.
-Paper and pulp stocks adding to gains yesterday and Friday, with Altri up 0.07 at 7.05, Portucel gaining 0.03 to 3.05 and Portucel parent company Semapa up 0.14 at 13.52.
-Media group Impresa, up 0.06 or 2.17 pct at 2.82.
Major fallers:
-Heavyweight BCP, down 0.01 at 4.14, after UBS downgraded the bank to 'neutral' from 'buy' but hiked its target price to 4.20 eur per share from 4.00.
-Galp, down 0.02 at 9.97, after UBS cut its stance on the energy group to 'reduce' from 'neutral' but hiked its target price to 8.75 eur per share from 8.25 eur. luis.morais@thomson.com lm/lce COPYRIGHT Copyright AFX News Limited 2007. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.