Lisbon, June 2, 2026 (Lusa) - The Lisbon stock market is trading flat on Tuesday morning, with Teixeira Duarte down 0.73% to €0.41 and CTT leading the gains, rising 0.83% to €6.04.
At around 9:30 a.m. in Lisbon, the benchmark PSI (Portuguese Stock Index) was down 0.01% to 8,959.75 points, with six companies falling, eight rising and two remaining unchanged (Altri at €4.90 and EDP Renováveis at €14.20).
Teixeira Duarte’s shares were followed by those of Galp, REN and Jerónimo Martins, which fell by 0.58% to €18.86, 0.57% to €3.49 and 0.39% to €17.82.
NOS and Mota-Engil fell, by 0.29% to €5.16 and 0.17% to €4.60 respectively.
Conversely, in addition to CTT, Ibersol, BCP and Semapa rose by 0.70% to €11.58, 0.55% to €0.94 and 0.43% to €23.10.
Following the same trend, EDP and Navigator rose by 0.42% to €4.35 and 0.24% to €3.38, as did Corticeira Amorim (0.16% to €6.42) and Sonae (0.11% to €1.86).
In Europe, the main stock markets opened higher today, having closed lower on Monday after Tehran suspended peace talks with Washington.
The price of Brent crude oil, the European benchmark, for August delivery, fell by 0.92% to US$94.14.
On Monday, all European markets closed lower after Iran announced the suspension of negotiations with the US, in protest at the Israeli escalation in Lebanon and what it considers to be contradictory signals from US President Donald Trump in his attempts to prolong the negotiations.
Similarly, Iran threatened to completely close the Strait of Hormuz and activate other fronts, including the Strait of Mandeb, as a retaliatory measure against Israel and its allies.
For his part, Trump said he believed that an agreement could be reached next week to end the war with Iran and unblock the Strait of Hormuz, despite Tehran claiming to have suspended dialogue with Washington.
Furthermore, Trump reportedly criticised Israeli Prime Minister Benjamin Netanyahu on Monday during a call to discuss the escalation of the Israeli offensive against Lebanon, according to the US media outlet Axios.
Highlights on today’s macroeconomic agenda include the release of the eurozone inflation rate for May and the US JOLTS job openings for April.
Dow Jones and Nasdaq futures are down 0.21% and 0.09% respectively, after both indices closed higher on Monday, hitting new all-time highs.
The euro was up 0.14% at US$1.1647 on the Frankfurt foreign exchange market.
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