LUSA 08/19/2025

Lusa - Business News - Portugal: Stock markets see strong gains unlike most European bourses

Lisbon, Aug. 18, 2025 (Lusa) - The Lisbon stock market accentuated the opening trend and traded in positive territory on Monday, in contrast to the main European markets, with 11 shares rising and three falling.

At 09:40, the PSI index was advancing 1.24% to 7,876.74 points, driven by EDP Renováveis, which led the risers by gaining 6.73% to €10.39, followed by parent company EDP, which rose 2.23% to €3.80, and CTT, which advanced 1.29% to €7.83.

NOS (+0.92% to €3.83), Ibersol (+0.83% to €9.70), Semapa (+0.56% to €17.94), Jerónimo Martins (+0,48% to €20.96), REN (+0.17% to €2.99), Sonae (+0.15% to €1.29), Mota-Engil (+0.09% to €5.56) and Galp Energia (+0.03% to €16.20).

Altri's shares remained unchanged at €5.07, while those of BCP, Corticeira Amorim and Navigator fell 0.49%, 0.40% and 0.24% to €0.77, €7.54 and €3.28, respectively.

Most European stock exchanges opted to take profits and were down today shortly after the markets opened.

At around 09:10 in Lisbon, the Paris stock market was losing 0.52%, while those in Frankfurt and Madrid were down 0.20%.

London and Milan registered slight gains of 0.02% and 0.05%.

The fall came as US index futures lost 0.2% and after Wall Street closed Friday with mixed results and after US and Russian presidents Donald Trump and Vladimir Putin failed to reach a peace agreement on the war in Ukraine.

On the New York market, the Dow Jones Industrials index rose 0.08% to reach a new all-time high, while the S&P 500 lost 0.29% and the Nasdaq Composite 0.4%.

Also in Asia, Tokyo recorded all-time highs with a rise of 0.77%, while Shanghai rose 0.85% and Hong Kong 0.03% and Seoul lost 1.5%.

According to Renta4 Banco, this session ‘the focus will be on the meeting to be held in Washington between Trump, Zelensky and other European leaders’. Spain's and the eurozone's July trade balances will also be published.

PD/ADB // ADB.

Lusa