Lisbon, May 7, 2025 (Lusa) - The Lisbon stock market closed on Wednesday at June 2014 highs, bucking the negative trend experienced by its main European counterparts, with Mota-Engil rising more than 4%.

The benchmark PSI (Portuguese Stock Market Index) added 0.19% to close at 7,021.62 points, reaching its highest figure for almost 11 years, at a time of results for listed companies and about 10 days before early parliamentary elections.

Among the 15 PSI shares, nine closed in the green, five in the red and one, Jerónimo Martins, which releases its results today, remained unchanged at €21.34.

Leading the gains was civil engineering company Mota-Engil, which advanced 4.56% to €3.95, followed by Altri, which gained 1.99% to €6.21, and Sonae, which rose 1.77% to €1.15.

Also noteworthy were BCP, whose shares added 0.96% to €0.592, REN, which gained 0.87% to €2.91, and EDP, which rose 0.86% to €3.30.

On the other hand, subsidiary EDP Renováveis lost 2.83% to €8.08, while NOS fell 1.50% to €3.61 and Corticeira Amorim fell 0.91% to €7.62.

It was announced today that Corticeira Amorim's profit increased by 2.1% to €16.4 million in the first quarter compared to the same period in 2024, while sales fell by 2.2% to €229.4 million, according to the company.

Also noteworthy was Galp Energia, which fell 0.18% to €13.73.

Across Europe, the day was negative, with all the main stock markets closing in the red. The Paris stock market fell 0.91%, while Milan dropped 0.62%, Frankfurt lost 0.57% and Madrid fell 0.37%.

This performance comes on a day when the US Federal Reserve's (Fed) decision on key rates will be known, at a time when investors are also paying attention to the new conflict that has broken out between India and Pakistan and the start of trade negotiations between Washington and Beijing.

MES/AYLS // AYLS

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