LUSA 03/06/2026

Lusa - Business News - Portugal: Stock market trading higher on Thursday morning, led by Ibersol

Lisbon, March 5, 2026 (Lusa) - The Lisbon stock market is trading higher on Thursday morning, with Ibersol shares leading the gains and rising 3.23% to €11.20.

At around 9:30 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) maintained its opening trend and was rising 0.87% to 9,009.09 points, with 10 companies rising, five falling and one maintaining its price (NOS at €5.38).

Ibersol shares were followed by EDP Renováveis, EDP and Altri, which rose by 2.44% to €13.04, 1.10% to €4.31 and 0.98% to €4.63.

Following the same trend, REN and BCP shares rose 0.94% to €3.74 and 0.59% to €0.85, as did Corticeira Amorim and Jerónimo Martins, which both gained 0.47% to €6.43 and €21.46.

The other two shares that also rose were Semapa (0.45% to €22.15) and Navigator (0.30% to €3.30).

In the opposite direction, shares in Teixeira Duarte, Mota-Engil and CTT fell 1.04% to €0.48, 0.85% to €4.68 and 0.15% to €6.79.

Galp and Sonae shares fell 0.13% to €18.71 and 0.05% to €1.92.

The main European stock markets reversed the opening trend and traded higher, despite the uncertainty caused by instability in the Middle East, with oil rising more than 3% and gas soaring more than 8%.

On the macroeconomic agenda for the day, the publication of retail sales figures for the eurozone in January stands out. These are expected to have recovered from the fall experienced in December and, in year-on-year terms, growth is expected to have accelerated to 2.1%, according to analysts at Link Securities quoted by Efe.

Futures point to declines of 0.40% for the Dow Jones and 0.28% for the Nasdaq.

Precious metals are appreciating moderately, with gold advancing 0.67% and silver 0.52%.

In the commodities market, Brent, the benchmark crude oil in Europe, for May delivery, is up more than 3% to US$84.00, while West Texas Intermediate (WTI), the benchmark in the US, is up 3.25% to US$77.14.

Natural gas rose 8.6% to around €54 per MWh.

The euro is weaker, falling to US$1.1589 on the Frankfurt foreign exchange market, compared to US$1.1634 on Wednesday and US$1.1980 on 27 January, a new high since June 2021.

       

MC/AYLS // AYLS

Lusa