Lisbon, April 30, 2026 (Lusa) - The Lisbon stock market was trading higher on Thursday morning, with NOS leading the gains, rising 0.72% to €5.59, and Teixeira Duarte falling 1.35% to €0.44.
At around 9.40 a.m. in Lisbon, the PSI (Portuguese Stock Index) was holding its opening trend and was up 0.16% to 9,224.06 points, with eight companies rising, six falling and two remaining unchanged (Corticeira Amorim at €6.36 and Ibersol at €11.50).
EDP, REN and Navigator followed NOS shares, rising 0.58% to €13.92, 0.54% to €3.73 and 0.48% to €3.33, respectively. Also rising were Galp (0.45% to €20.05), Altri (0.30% to €4.98), EDP (0.29% to €4.56) and Semapa (0.22% to €22.90).
In the opposite direction, following Teixeira Duarte, Jerónimo Martins, CTT and Sonae were down by 0.59% to €20.08, 0.55% to €6.34 and 0.52% to €1.92 respectively.
The other two companies trading lower were Mota-Engil (-0.46% to €4.75) and BCP (-0.29% to €0.89).
The main European stock markets opened lower on Thursday, while Brent Crude surged to over $122 amid tensions between Washington and Tehran, on a day marked by corporate results and the European Central Bank meeting.
The euro was stable, rising 0.03% to $1.1681 on the Frankfurt foreign stock market.
The price of Brent Crude, the European benchmark, for June delivery, rose 3.4% to $122.04.
Natural gas for May delivery on the Dutch TFF market, the European benchmark, rose 7.48% to €46.85 per megawatt-hour (MWh).
Dow Jones and Nasdaq futures are pointing to falls of 0.54% and 0.06%, respectively.
On Wednesday, the Fed meeting concluded with the highest level of disagreement on monetary policy since 1992, as four voting members of the Federal Open Market Committee (FOMC) disagreed with the committee’s decision.
At the subsequent press conference, Jerome Powell (Fed chair), who is due to step down on 15 May, said that the debate over whether to maintain the trend towards easing or neutral interest rates had been vigorous and added that this long-term stance must be sustainable over time and not cause confusion in the markets.
On Thursday, it is the turn of the European Central Bank and the Bank of England, and experts do not expect any changes to interest rates.
The central banks are meeting against a backdrop of renewed tensions in the Middle East, with peace talks between the US and Iran remaining at standstill and the Strait of Hormuz blocked.
MC/MYAL // AYLS
Lusa
