Lisbon, June 25, 2025 (Lusa) - The Lisbon stock market was trading lower, with BCP and Sonae shares falling 1.20% to €0.66 and 1% to €1.19.

At around 9:25 a.m. in Lisbon, the PSI reversed the opening trend and fell 0.06% to 7.447.64 points, against a new high since May 2014 of 7,545.86 points on 16 June, with seven stocks falling, five rising and three maintaining their prices (Corticeira Amorim at €7.80, Ibersol at €9.44 and Semapa at €16.32).

Investors saw Altri, NOS and Jerónimo Martins shares follow BCP and Sonae, falling 0.51% to €4.90, 0.39% to €3.80 and 0.28% to €21.00.

More moderately, CTT and Galp shares fell 0.27% to €7.27 and 0.16% to €15.19.

Mota-Engil and Navigator shares rose 0.38% to €3.74 and 0.24% to €3.29.

The main European stock markets opened mixed today, on a day when the NATO summit in The Hague will draw attention, following the ceasefire between Israel and Iran, which caused oil prices to fall.

International markets are reacting positively to US President Donald Trump’s proposal for a truce with Israel and Iran after 12 days of hostilities.

The NATO summit begins with the aim of increasing defence spending.

Wall Street futures rose slightly, drawing encouragement from the ceasefire between Israel and Iran and also attentive to the views of the US Federal Reserve, with the Dow Jones Industrials advancing 1.19%, the S&P 500 rising 1.11% and the Nasdaq adding 1.43%.

Brent crude oil, the European benchmark, for August delivery is falling to $67.14, compared to $71.48 on Tuesday.

Gold per troy ounce, a safe-haven asset, was also rising to $3,332.95, compared to $3,318.47 on Tuesday and $3,432.34 on 13 June, a new all-time high.

The euro weakened to $1.1602 on the Frankfurt currency market, compared with $1.1624 on Tuesday, a new high since 28 October 2021.

   MC/ADB // ADB.

   Lusa