Lisbon, July 31, 2025 (Lusa) - The Lisbon stock market was trading higher on Thursday morning, with BCP shares rising 6.48% to €0.74, after the bank announced a 3.5% rise in profits to €502.3 million through June.
At around 9:40 a.m. in Lisbon, the benchmark PSI (Portuguese Stock Index) was continuing with its opening trend and rising 1.04% to 7,740.09 points, with 13 stocks rising and two falling (EDP, -0.81% to €3.78, and Galp, -0.12% to €16.82).
On Wednesday, BCP announced that it had made a profit of €502.3 million in the first half of the year, an increase of 3.5% over the same period last year.
"The bank's results for the first half of the year amounted to 502.3 million, an increase of 3.5% over the same period last year," said the bank's CEO, Miguel Maya, at a press conference in Oeiras, Lisbon.
The CEO of BCP pointed out that the first half of the year was still marked by considerable uncertainty and volatility due to the macroeconomic and geopolitical situation.
BCP shares were followed by Sonae, CTT and Jerónimo Martins, which were rising 2.38% to €1.29, 1.65% to €7.41 and 1.32% to €21.50.
More moderately, Corticeira Amorim, REN and Mota-Engil shares were up 1.28% to €7.92, 1.19% to €2.97 and 1.12% to €4.51.
Shares in Ibersol, Navigator and NOS were also on the rise by 1.07% to €9.44, 0.45% to €3.12 and 0.41% to €3.64.
Similarly, Semapa shares were up 0.35% to €17.38, as were Altri and EDP Renováveis, which were both gaining 0.10% to €4.82 and €10.28.
The main European stock markets opened higher today, digesting the US trade agreements with India and Brazil, after the Fed and the Bank of Japan (BoJ) kept interest rates unchanged on Wednesday.
Markets are digesting the US decision to impose tariffs of 25% on India, at the top end of the range initially considered, although negotiations continue, and the announcement of an increase in tariffs on Brazil from 40% to 50%, while it is becoming more difficult to reach an agreement with Canada.
Markets are also watching the corporate results that continue to be released.
Wall Street futures are advancing with gains of 0.30% for the Dow Jones, 0.93% for the S&P 500 and 1.34% for the Nasdaq.
Brent, the benchmark crude oil in Europe, for September delivery, is retreating to US$73.20, against US$73.24 on Wednesday.
The euro was weaker, falling to US$1.1442 on the Frankfurt currency market, compared to US$1.1474 on Wednesday and the new high since 15 September 2021 of US$1.1789 on 2 July.
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