LUSA 08/16/2025

Lusa - Business News - Portugal: Stocks trading higher before Trump-Putin summit

Lisbon, Aug. 15, 2025 (Lusa) - The Lisbon stock market was trading in positive territory on Friday, in line with the main European markets, with 14 shares rising and only one falling.

At 09:30, the PSI index was up 0.71% to 7,777.85 points, driven by BCP, which led the risers by gaining 2.32% to €0.78. It was followed by Altri, which rose 1.59% to €5.11, and CTT, which advanced 1.30% to €7.81.

EDP was the only one to buck the trend, falling 0.16% to €3.69.

The main European stock markets opened today with generalised gains, with the markets paying attention to the meeting between US President Donald Trump and Russian President Vladimir Putin in Alaska.

On Thursday, the New York Stock Exchange closed flat, pressured by a sharp rise in producer prices in the United States, casting doubt on the US Federal Reserve's (Fed) interest rate cut schedule. The selective Dow Jones Industrial Average fell by 0.02% and the tech Nasdaq by 0.03%, remaining virtually flat.

The broader S&P 500 advanced 0.03% and also remained practically stable, but still managed to reach a record closing high of 6,468.54 points.

In Asia, the Tokyo stock exchange closed higher, with the main index, the Nikkei, rising 1.71% to 43,378.31 points.

On the commodities market, Brent oil, the benchmark for Europe, was down almost 0.7% today at $66.41 a barrel and an ounce of gold rose more than 0.20% to $3,390.

SCR/ADB // ADB.

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