Lisbon, Aug. 11, 2025 (Lusa) - The Lisbon stock market was trading lower on Monday morning, with EDP Renováveis shares falling 3.21% to €9.66.
At around 10:10 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) was holding its opening trend and falling 0.80% to 7,717.52 points, with nine stocks down, five up and one unchanged (Ibersol at €9.52).
EDP Renováveis shares were followed by EDP, Galp and Semapa, which were down 1.06% to €3.65, 0.88% to €16.43 and 0.77% to €18.10.
More moderately, Sonae, Altri and Navigator shares were falling 0.62% to €1.28, 0.38% to €5.19 and 0.36% to €3.32.
Jerónimo Martins and BCP shares were also below the waterline, by 0.29% to €20.90 and 0.03% to €0.76.
Going the other way, shares in NOS, REN and Mota-Engil were rising 0.53% to €3.76, 0.51% to €2.96 and 0.29% to €5.24.
Shares in CTT and Corticeira Amorim were alos on the up, by 0.26% to €7.62 and 0.13% to €7.70.
The main European stock markets opened lower today, in a week marked by inflation data in Europe and the US, the end of the US trade truce with China and progress in ceasefire negotiations in Ukraine.
This week, investors will be closely monitoring inflation data in Europe and the United States, with Italy's CPI being the only data released today.
Similarly, the ZEW economic sentiment indices for Germany and the eurozone will be released, as well as the UK's second quarter Gross Domestic Product (GDP) figures.
On the geopolitical front, attention will be focused on the progress of negotiations for a ceasefire in Ukraine, with the meeting between US President Donald Trump and his Russian counterpart Vladimir Putin scheduled for Friday in the US state of Alaska.
On the other hand, as explained by Renta 4 Banco, the markets continue to ‘wait and see how negotiations with China, whose trade truce ends on 12 August, evolve’.
“In the last few hours, we have learned that AMD and Nvidia will pay the US 15% of their revenue from chip sales in China,” added Renta 4 Banco.
Wall Street closed the week with gains, despite the entry into force of Trump's new tariffs.
Brent crude oil, the benchmark in Europe, for October delivery, is down to US$66.07, compared to US$66.59 on Friday.
Gold per troy ounce, a safe-haven asset, was down to US$3,361.50, compared to US$3,397.75 on Friday and the current all-time high of US$3,432.34 on 13 June.
The euro is stronger, rising to US$1.1649 on the Frankfurt currency market, compared to US$1.1641 on Friday and the new high since 15 September 2021, of US$1.1789, on 2 July.
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