Lisbon, Feb. 5, 2026 (Lusa) - The Lisbon stock market is trading lower on Thursday morning, with 14 PSI shares falling, led by NOS and REN, which are down by 1.52% to €4.54 and 1.27% to €3.49.
At around 9:20 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) was holding its opening trend and falling by 0.81% to 8,809.44 points, with 14 stocks down and two up (Galp, +0.97% to €17.15, and Ibersol, +1.27% to €3.49).
The PSI ended Wednesday's session at 8,881.79 points, a new high since October 2009.
On Wednesday, the electricity and gas network managing company, REN - Redes Energéticas Nacionais, reported that it had mobilised around 250 workers and 50 heavy vehicles to repair the infrastructure damaged by Storm Kristin, but reiterated that it could take several weeks to fully restore the power pylons.
REN has "a large-scale operation underway to repair the infrastructure damaged by storm Kristin, mobilising around 250 workers and 50 heavy vehicles on all fronts," it said.
NOS and REN shares were followed by Sonae, Jerónimo Martins and Altri, which were down by 1.08% to €1.83, 1.06% to €20.56 and 1% to €4.47, respectively.
Following the same trend, shares in EDP Renováveis, EDP and Navigator were down by 0.99% to €13.00, 0.88% to €4.28 and 0.55% to €3.26.
Shares in Mota-Engil, Corticeira Amorim and BCP were falling by 0.47% to €4.65, 0.44% to €6.80 and 0.43% to €0.93.
The other three shares that were below the waterline were Teixeira Duarte (-0.41% to €0.49), Semapa (-0.22% to €22.45) and CTT (-0.14% to €7.07).
The main European stock markets opened lower today, awaiting what ECB President Christine Lagarde may say today at the end of the meeting, where key interest rates are expected to remain at 2%.
Investors are watching this session closely, as the ECB meeting is not expected to change key interest rates, keeping them at 2%.
Therefore, the highlight will be Lagarde's subsequent appearance, for what she may say about new measures by the entity in terms of monetary policy.
After sharp falls in Asian stock markets and the Nasdaq in New York due to technology companies, European stock markets were also awaiting the Bank of England's (BoE) decision on key interest rates today, which are also expected to remain unchanged.
On Wednesday, the Wall Street stock market closed mixed, with the Nasdaq technology index recording a sharp fall of 1.51%.
As for precious metals, gold is up, but the price per ounce is below US$5,000, while silver has slowed its decline to 5.84%.
In the commodities market, Brent, the benchmark crude oil in Europe, for April delivery, fell 1.55% to US$68.40, compared to US$68.46 in the previous session.
The euro is stronger, rising to US$1.1807 on the Frankfurt foreign exchange market, compared to US$1.1798 on Wednesday and US$1.1980 on 27 January, a new high since June 2021.
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