Lisbon, July 9, 2025 (Lusa) - The Lisbon stock market remained in positive territory on Wednesday morning after more than one hour of trading, following the opening trend, with 10 stocks rising, notably CTT.

At 9:20 a.m., the PSI rose 0.25% to 7,752.57 points, with 10 of the 15 listed stocks rising, three falling and two maintaining their value - Navigator (€3.27) and Ibersol (€0.74).

Leading the gains were CTT, which rose 1.64% to €8.04, followed by Mota-Engil, which climbed 0.99% to €4.08, and Millennium BCP, which advanced 0.98% to €0.68 per share.

Also in the green were EDP Renováveis (+0.80% to €10.13), Altri (0.61% to €4.91), Galp Energia (0.24% to €16.52) and EDP (0.21% to €3.79).

REN (0.16% to €3.09), Corticeira Amorim (0.13% to €7.98) and Jerónimo Martins (0.09% to €22.74) showed more modest growth.

In contrast, Sonae led the decliners, falling 0.79% to €1.25, followed by Semapa (-0.35% to €17) and NOS (-0.13% to €3.83).

The main European stock markets opened higher today, despite the announcement of tariffs by the United States, which imposed new taxes on copper.

Investors remain attentive to the tariff fluctuations of US President Donald Trump, who said he will stick to the scheduled application of customs duties after 1 August.

Trump, despite postponing the deadline, has already set these tariffs for more than a dozen countries, such as Japan and South Korea, on which he imposed tariffs of 25% from 1 August.

Similarly, he announced tariffs of 50% on copper and up to 200% on pharmaceutical products if their manufacturers do not establish operations in the US, according to Efe.

Wall Street closed mixed on Tuesday, with the selective Dow Jones Industrial Average losing 0.37%, while the technology-heavy Nasdaq (+0.03%) and the broad S&P 500 (-0.07%) closed virtually unchanged.

Meanwhile, the euro rose to trade at €1.172, while Brent crude, the benchmark for Europe, fell 0.26% to $69.97 a barrel.

JO/ADB // ADB.

Lusa