Lisbon, Aug. 14, 2025 (Lusa) - The Lisbon stock market continued to trade in negative territory on Thursday morning, pressured by declines in energy company Galp and BCP bank, while in Europe the mood is mostly positive.

At around 9:30 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) was down 0.23% to 7,741.34 points, with six stocks falling, seven rising and two unchanged (Ibersol at €9.66 and Sonae at €1.30).

Galp Energia was leading the declines, falling 1.82% to €16.16, followed by BCP, down 0.89% to €0.76.

Also in the red, CTT was down 0.77% to €7.74, Jerónimo Martins 0.48% to €20.76, Semapa 0.22% to €17.78 and Navigator 0.12% to €3.28.

In the opposite direction, Mota-Engil shares were rising 1.56% to €5.53, EDP Renováveis advancing 0.99% to €9.73 and EDP gaining 0.44% to €3.68.

REN was up 0.34% to €2.97, Altri 0.59% to €5.08, NOS 0.27% to €3.78 and Corticeira Amorim 0.26% to €7.63.

The main European stock markets opened today with widespread gains, with the exception of London, buoyed by US inflation data that makes an interest rate cut by the US Federal Reserve in September more likely (the markets are expecting a 25 basis point cut).

On Wednesday, the New York stock market reached new highs.

The Nasdaq technology index rose 0.14%, the broader S&P 500 advanced 0.32% and the Dow Jones industrial index rose 1.04%.

In Asia, the Tokyo stock market lost 1.45%, Shanghai fell 0.46% and Hong Kong dropped 0.46%.

In the commodities market, Brent crude oil, the benchmark for Europe, is rising 0.5% today to US$66 per barrel, and gold also on the up, by 0.26% to US$3,364 per ounce.

Bitcoin, the most widespread and traded cryptocurrency on the market, reached a new all-time high early this morning at US$124,515, before falling slightly.

IM/AYLS // AYLS

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