Lisbon, May 4, 2026 (Lusa) - The Lisbon stock market was trading lower on Monday, with Teixeira Duarte falling 2.47% to €0.44 after the construction company announced its profits nearly doubled to €50 million in 2025.
At around 9:30 a.m., the PSI (Portuguese Stock Index) reversed its opening trend and fell 0.87% to 9,263.54 points, with 12 companies down, three up, and one stable (Ibersol at €12.00). Teixeira Duarte announced on Thursday that it closed 2025 with profits attributable to shareholders of €50 million, almost double compared to 2024. In its report and accounts published on the CMVM (Portuguese Securities Market Commission), the company said it recorded operating income of €736.6 million in 2025, a 12.7% year-on-year decline.
BCP, Jeronimo Martins, and NOS followed Teixeira Duarte's shares, retreating 1.23% to €0.90, 1.17% to €20.22, and 1.16% to €5.55.
Sonae, CTT, and REN shares fell more moderately, dropping 1.13% to €1.93, 1.01% to €6.35, and 0.93% to €3.74, respectively. EDP Renovaveis (-0.85% to €14.06), Mota-Engil (-0.54% to €4.8), and EDP (-0.47% to €4.62) also fell. Semapa (-0.43% to €23.10) and Galp (-0.20% to €19.92) were the other two companies in the red. Conversely, Corticeira Amorim, Altri, and Navigator rose 0.93% to €6.48, 0.40% to €5.01, and 0.30% to €3.36. The main European bourses opened on Monday with moderate gains, while Brent oil prices remain stable ahead of potential peace talks between the United States and Iran.
London is closed on Monday after opening on Friday.
The euro was stable, rising 0.06% to $1.1728 on the Frankfurt currency market.
On Sunday, US President Donald Trump said that negotiations with Iran are going "very well," hours after he said he would soon review the new peace plan sent by Tehran.
He also announced "Project Freedom," a massive operation involving more than 100 aircraft, ships, and drones and 15,000 military personnel to free ships trapped in the Strait of Hormuz.
In this context, at the start of a week also marked by results and macroeconomic data, Brent oil for July delivery climbed 0.72% to $108.95.
MC/LYT // ADB.
Lusa
