LUSA 05/27/2026

Lusa - Business News - Portugal: Stock market trading flat on Tuesday morning with Altri falling 6%

Lisbon, May 26, 2026 (Lusa) - The Lisbon stock market is trading slightly lower on Tuesday morning, with Altri down 5.92% to €4.93.

At around 9.20 a.m. in Lisbon, the PSI (Portuguese Stock Index) was holding its opening trend and was down 0.01% to 9,222.72 points, with nine companies falling, six rising and one remaining unchanged (Semapa at €23.4). Altri’s shares were followed by those of CTT and Teixeira Duarte, which fell by 2.50% to €6.24 and 1.01% to €0.44, respectively.

Corticeira Amorim, Navigator and Mota-Engil fell by 0.45% to €6.63, 0.29% to €3.39 and 0.25% to €4.79.

More modestly, Ibersol fell 0.17% to €11.78, as did Sonae and BCP, both of which retreated 0.10% to €1.91 and €0.99 respectively.

In the opposite direction, Galp, EDP and Jerónimo Martins rose by 1.16% to €19.17, 0.74% to €4.47 and 0.32% to €18.78.

The other three companies gaining ground were NOS (up 0.19% to €5.24), REN (up 0.14% to €3.60) and EDP Renováveis (up 0.07% to €14.49).

In Europe, the main stock markets opened mixed on Tuesday morning, with the price of Brent Crude rising following the US strikes on Iran, which have raised doubts whether the two sides will be able to reach a peace agreement any time soon. The price of Brent Crude, the European benchmark, for July delivery rose by 2.48% to $98.47.

US Secretary of State Marco Rubio said on Tuesday that the Strait of Hormuz must remain open “one way or another” and that negotiations with Iran are continuing, but that resolving the discrepancies in the initial draft will take “a few days”.

Rubio’s comments came hours after the US forces attacked military targets in southern Iran, in an operation described by Washington as an act of “self-defence” to protect its troops from threats by Iranian forces.

US Central Command justified the attacks as a measure of self-defence, assuring that restraint would be maintained during the current ceasefire, and that the operation targeted missile launch sites and vessels attempting to lay mines.

Investors will once again look to Wall Street for guidance on Tuesday, in a session highlighted by the publication of the Conference Board's May US consumer confidence index.

Futures for the New York indices are up 0.52% for the Dow Jones and 0.68% for the Nasdaq.

The euro was down 0.13% at $1.1629 on the Frankfurt foreign stock market.

 

MC/MYAL // AYLS

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