Lisbon, June 19, 2026 (Lusa) - The Lisbon stock market continued its downward trend from the opening on Friday, falling by 0.15%, with nine shares down – led by Mota-Engil – four up – notably Galp Energia – and three unchanged.
At 09:40 in Lisbon, the PSI, Portugal’s main index, was down 0.14% at 9,026.56 points, having closed on Thursday down 0.55% at 9,040.40 points, with REN, Altri and Sonae shares unchanged.
Following Mota-Engil, which fell by 1% to €4.55, the following shares were also down: shares in EDP Renováveis, Ibersol, Teixeira Duarte and NOS, down 0.81%, 0.78%, 0.63% and 0.38% respectively, to €13.41, €10.22, €0.47 and €5.18.
Also in the red were Corticeira Amorim (-0.30% to €6.56), BCP (-0.24% to €1.02), Navigator (-0.23% to €3.47) and EDP (-0.14% to €4.39).
Conversely, Galp Energia shares saw the biggest gains (+1.45% to €18.58), followed by Jerónimo Martins (+0.35% to €17.45), Semapa (+0.23% to €22.15) and CTT (+0.17% to €6.01).
European stock markets opened mixed following the postponement of today’s scheduled meeting between the US and Iran in Switzerland to begin negotiations after the signing of the memorandum, though they have since edged slightly higher.
Having closed on Thursday with mixed results, the markets are showing uncertainty following confirmation of the postponement of the planned meeting between the United States, Iran and the two mediators in the negotiations to end hostilities, Qatar and Pakistan.
The White House stated that the US delegation, led by Vice President J.D. Vance, was ready to travel to Switzerland to meet with negotiators from Tehran, but logistical issues had led to the postponement.
Meanwhile, the Strait of Hormuz began to resume some maritime traffic today, after the US lifted the blockade the previous day, following the signing of the memorandum with Iran.
However, the full reopening of this waterway – through which 20% of global oil and liquefied natural gas traffic passed before the conflict – will take time.
In commodities, Brent crude rose by 0.54% and continued to trade around $80, specifically at $80.24, whilst West Texas Intermediate (WTI), the US benchmark, rose by 1.48% to $77.73.
TTF natural gas also rose by 2.61%, with the megawatt-hour trading at €41.58.
Meanwhile, the prices of gold and silver were falling, with gold retreating 1.99% to $4,161.6 per ounce and silver falling 3.02% to $64.34.
High volatility is expected today due to the so-called ‘quadruple witching hour’, when futures and options contracts on share indices and shares expire simultaneously. Furthermore, the markets will be closed during this session, as the Wall Street benchmark index will be shut for Juneteenth, a public holiday marking the end of slavery.
On Thursday, the New York Stock Exchange closed higher: the Nasdaq rose 1.91%, the S&P 500 gained 1.08%, and the Dow Jones Industrial Average advanced 0.14%.
In Asia, Tokyo’s Nikkei index is up slightly by 0.12%, South Korea’s Kospi is down 0.13%, the Shenzhen Stock Exchange is up 0.94%, the Shanghai Stock Exchange is down 0.43%, and Hong Kong’s Hang Seng is down 1.59% ahead of the close.
In the bond market, the yield on long-term German government bonds rose to 2.952%.
PD/ADB // ADB.
Lusa
