Lisbon, July 17, 2026 (Lusa) - The Lisbon stock market was trading slightly higher on Friday, with EDP and REN leading the gains, rising by 1.15% to €4.57 and 1.11% to €3.64, respectively.
At around 09:30 in Lisbon, the PSI was up 0.15% at 9,050.67 points, with nine companies rising, six falling and one unchanged (Semapa at €20.20).
EDP and REN shares were followed by those of Navigator, Jerónimo Martins and NOS, which rose by 1.08% to €3.18, 1.03% to €16.66 and 1.02% to €4.93, respectively.
EDP Renováveis, Galp and Corticeira Amorim also rose, by 0.79% to €18.95, 0.69% to €19.05 and 0.62% to €6.52.
Alri rose by 0.11% to €4.66.
Conversely, Mota-Engil, CTT and BCP fell by 1.02% to €4.44, 0.86% to €5.74 and 0.72% to €1.03.
The other three companies whose share prices fell were Teixeira Duarte (-0.64% to €0.47), Sonae (-0.24% to €2.07) and Ibersol (-0.11% to €9.04).
In Europe, the main stock exchanges opened lower today, amid the conflict in the Middle East, which is escalating with relentless attacks between Washington and Tehran and driving further rises in oil and gas prices.
The euro has risen by 0.04% against the dollar, trading at $1.1447 on the Frankfurt foreign exchange market.
All signs suggest that the conflict in Iran will continue to intensify today, after the US Armed Forces launched a new wave of attacks against Iran on Thursday for the fifth consecutive day, to which Tehran has responded with numerous military strikes against Qatar, Bahrain and Kuwait in recent hours.
These incidents are causing further rises in oil prices, which remain moderate for the time being.
Consequently, the price of Brent crude, the European benchmark, for September delivery, has risen by 0.65% to $84.78.
The rise in the price of natural gas for August delivery on the Dutch TFF market, the European benchmark, is more pronounced, increasing by 1.02% to €55.705 per megawatt-hour (MWh).
Following Thursday’s rise, yields on 10-year German government bonds have now fallen to 3.119%, having closed at 3.132% in the previous session.
The decline in sovereign bond yields is driving a moderate rise in gold prices, which are up 0.45% to $3,994.34.
At the time of writing, US index futures are once again recording falls of 1.71% for the Nasdaq and 0.6% for the Dow Jones.
Led by technology stocks, Asian markets also closed lower.
MC/ADB // ADB.
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