Lisbon, April 27, 2026 (Lusa) – The Lisbon stock market was trading higher on Monday, with EDP Renováveis leading the gains, rising 3.40% to €13.99.
Around 09:30 a.m in Lisbon, the PSI (Portuguese Stock Index) maintained its opening trend and advanced 0.46% to 9,166.15 points, with 12 companies recording a drop and four showing a rise in share prices. EDP Renováveis was followed by Ibersol, Galp, and EDP, which appreciated by 1.87% to €11.98, 1.80% to €19.55, and 0.66% to €4.57, respectively.
Ibersol released information on Friday to be presented to the general meeting of shareholders regarding the 2025 financial year, including indicators and corporate governance. These indicators show a 12% rise in turnover to €529.5 million and a 39% increase in net results to €15.2 million.
Galp announced on Monday that it closed the first quarter of the year with an adjusted profit of €272 million, a 41% increase compared to the same period last year. The growth was supported by increased oil and natural gas production in Brazil. Between January and March, earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew 41% to €943 million compared to the same period in 2025, the oil company informed the Portuguese Securities Market Commission (CMVM).
Conversely, Corticeira Amorim (-2.60% to €6.36), Mota-Engil (-2.53% to €4.55), and Teixeira Duarte (-2.44% to €0.40) were all down by more than 2%. More moderate declines were seen in NOS, Jerónimo Martins, and REN, which retreated 0.89% to €5.56, 0.59% to €20.38, and 0.53% to €3.72. Sonae, CTT, and Semapa lost 0.52% to €1.92, 0.48% to €6.26, and 0.45% to €22.10. The other three companies in decline were Navigator (0.18% to €3.29), Altri (-0.10% to €4.87), and BCP (-0.07% to €0.87).
Major European stock markets opened slightly higher on Monday following a new negotiation proposal from Iran to reopen the Strait of Hormuz and end the war initiated by the US and Israel on 28 February. On the Frankfurt foreign exchange market, the euro rose 0.09% to US$1.1731.
Brent crude, the European benchmark for June delivery, gained 2.37% to US$107.81. Natural gas for May delivery on the Dutch TTF market rose 0.45% to €45.065 per megawatt-hour (MWh).
Markets began the week focused on Iran's new negotiation proposal to the US. According to the Axios portal, which Efe quoted, the proposal seeks to postpone negotiations on Tehran's nuclear programme. Investors will monitor meetings this week by the European Central Bank (ECB) on Thursday and the US Federal Reserve (Fed) on Wednesday, with both expected to maintain key interest rates.
The Bank of England will hold its monetary policy meeting on Thursday, while the Bank of Japan (BoJ) meets on Tuesday.
The US Department of Justice announced on Friday that it was dropping its investigation into Fed Chair Jerome Powell, which focused on alleged cost overruns in the renovation of the central bank's headquarters. Dow Jones and Nasdaq futures point to falls of 0.18% and 0.07%, respectively, on Monday morning.
Highlights in Europe on Monday include the publication of the GfK consumer confidence index for Germany for May. In the US, five of the "magnificent seven", Amazon, Alphabet, Microsoft, Meta, and Apple, will publish their results this week. Regarding precious metals, gold appreciated 0.16% to $4,717.29, and silver rose 0.29% to $75.9456.
MC (RN/SCR)/RYOL //
Lusa
