Lisbon, April 10, 2026 (Lusa) - The Lisbon stock market was trading lower on Friday morning, with Galp down 2.16% to €19.52.
At around 09:20 a.m. in Lisbon, the PSI (Portuguese Stock Index) maintained its opening trend and was down 0.29% to 9,457.52 points, after closing on Thursday at a new high since June 2008 (9,484.93 points), with eight companies falling and eight others rising. On Thursday, Galp announced the purchase of 17 wind farms in Spain, by the end of the second quarter of 2026, with an estimated value of €320 million and an energy production capacity of 351 megawatts.
Galp’s shares were followed by those of BCP, Mota-Engil and Teixeira Duarte, which fell by 1.87% to €0.89, 1.09% to €4.97 and 0.97% to €0.46, respectively.
Also falling, Navigator, Jerónimo Martins and CTT were down 0.12% to €3.42, 0.10% to €20.84 and 0.07% to €6.79. EDP fell 0.06% to €4.75.
In the opposite direction, REN, Ibersol and Sonae rose by 1.03% to €3.94, 0.89% to €11.34 and 0.49% to €2.04, respectively.
On Thursday, REN (Rede Eléctrica Nacional) announced that it had issued the first biomethane origin guarantees in Portugal for production at the Aljustrel plant on 20 March.
In a statement, the energy company said that those certificates verified the origin of the biomethane produced by Capwatt at the Aljustrel Biomethane Production Plant, which made REN the first entity to receive a production certificate for that renewable gas in Portugal.
More modestly, NOS, Smapa and Altri rose by 0.36% to €5.62, 0.22% to €22.70 and 0.20% to €4.91, respectively.
The other two companies whose share prices rose were Corticeira Amorim (0.15% to €6.66) and EDP Renováveis (0.14% to €14.24).
The main European stock markets opened slightly higher on Friday morning amid investor doubts about the sustainability of the ceasefire in the Middle East, with oil prices rising moderately.
The euro fell by 0.10% to $1.1689 on the Frankfurt foreign market, compared with $1.1699 on Thursday.
The price of Brent Crude Oil, the European benchmark, for June delivery rose by 1.56% to $97.42.
Natural gas for May delivery on the Dutch TFF market, the European benchmark, fell 2.96% to €45.25 per megawatt-hour (MWh).
Dow Jones and Nasdaq futures are currently pointing to losses of 0.13% and 0.05%, respectively.
On Friday morning, the US president, Donald Trump, said on social media that Iran was performing very poorly regarding the passage of oil tankers through the Strait of Hormuz and that it was not complying with what Washington and Tehran agreed last Tuesday when they declared a temporary ceasefire.
Attention is now focused on the peace talks between the US and Iran, beginning on Saturday in Islamabad, which could collapse due to a fragile two-week ceasefire, Israeli air strikes against Hezbollah, and disagreements over Lebanon’s inclusion in the truce.
On Friday morning’s macroeconomic agenda, investors were closely watching China’s Consumer Price Index (CPI), which slowed to 1% year-on-year in March after hitting a three-year-high, whilst industrial prices rose for the first time since 2022 due to the impact of the war in Iran.
As for precious metals, gold is down 0.03% to $4,753.00 per ounce, and silver is up 0.34% to $75.59 per ounce.
MC/MYAL //
Lusa
