Lisbon, Aug. 7, 2025 (Lusa) - The Lisbon stock market was trading higher on Thursday morning, with Mota-Engil shares rising 3.80% to €5.16.

At around 9:10 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) had reversed its opening trend and was advancing 0.31% to 7,763.10 points, with eight stocks rising and seven falling.

Mota-Engil shares were followed by CTT, BCP and Ibersol, which were up 0.94% to €7.53, 0.63% to €0.74 and 0.42% to €9.64.

More moderately, Sonae, REN and Semapa shares were rising 0.31% to €1.29, 0.17% to €2.99 and 0.11% to €17.56.

Altri shares were up 0.10% to €4.90.

Going the other way, Galp, EDP Renováveis and EDP shares were down 0.85% to €16.42, 0.39% to €10.10 and 0.38% to €3.71.

Shares in NOS, Corticeira Amorim and Jerónimo Martins were also falling by 0.27% to €3.72, 0.26% to €7.70 and 0.19% to €21.22.

Navigator shares were off 0.06% to €3.17.

The main European stock markets opened with moderate gains, despite the entry into force of new tariffs by US President Donald Trump.

Today, the market will not only be watching the entry into force of US tariffs on its trading partners, but also the Bank of England's monetary policy decisions and the publication of German industrial production data and corporate results, which are coming to an end.

In the United States, data on new unemployment benefit claims will be released.

Most European markets remain optimistic today after a positive session in Asia, which also followed the trend set by Wall Street the day before, which closed with significant gains.

Brent crude oil, the benchmark in Europe, for October delivery, is advancing to US$67.40, against US$66.89 on Wednesday, after OPEC+ decided over the weekend to increase oil supply by 547,000 barrels per day from 1 September.

The euro is stronger, rising to US$1.1676 on the Frankfurt currency market, compared to US$1.1635 on Wednesday and the new high since 15 September 2021, of US$1.1789, on 2 July.

MC/AYLS // AYLS

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