Lisbon, Sept. 8, 2025 (Lusa) - The Lisbon stock market was trading higher on Monday morning, with Mota-Engil shares leading the gains and rising 6.67% to €5.44, after the construction company won the underwater tunnel project in Brazil.
At around 09:35 in Lisbon, the PSI maintained the opening trend and advanced 0.47% to 7,740.09 points, with seven shares rising, six falling and two remaining unchanged (Corticeira Amorim at €7.41 and Ibersol at €9.64).
On Friday, Mota-Engil won the concession to build and operate the underwater tunnel between the Brazilian cities of Santos and Guarujá for 30 years, the first of its kind in Brazil and the most expensive infrastructure project of Lula da Silva's government.
The project involves an investment of 6.8 billion reais (€1.073 billion), which the concessionaire will carry out in a public-private partnership with the Brazilian Ministry of Ports and Airports and the regional government of the state of São Paulo.
Mota-Engil's shares were followed by those of CTT, BCP and Semapa, which rose 1.41% to €7.20, 1.07% to €0.72 and 1.01% to €17.94.
Moderately, shares in EDP Renováveis, NOS, and Galp advanced 0.50% to €10.05, 0.38% to €3.92, and 0.32% to €15.81.
On the other hand, shares in Jerónimo Martins, Sonae and REN fell by 1% to €21.68, 0.46% to €1.29 and 0.34% to €2.95.
Altri, EDP and Navigator shares fell 0.30% to €4.97, 0.29% to €3.74 and 0.24% to €3.28.
The main European stock markets opened today with generalised gains, in a week when attention will be centred on the European Central Bank (ECB) meeting, which is expected to keep interest rates unchanged.
Thursday will be one of the most intense days on the economic calendar, as the ECB is expected to keep rates at 2.15 %. Still, the market will be paying close attention to Christine Lagarde's statements and the official communiqué.
On the same day in the United States, the August CPI will be published, with the year-on-year forecast pointing to 2.9% and 3.1% in the underlying version.
In addition, data on unemployment benefits is expected, which will give a more complete picture of the health of the US labour market.
The week begins with German industrial production figures, which are expected to have grown by 1.1% in July, after the sharp fall in June.
In addition, Germany's trade balance could show a surplus of €15.7 billion, which would strengthen its export role in the eurozone.
In Asia, the main index of the Tokyo Stock Exchange, the Nikkei, rose by 1.45% today, following the announcement of Japan's Prime Minister, Shigeru Ishiba's, resignation, which generated positive expectations about new economic policies in the country.
China's foreign trade growth slowed to 3.5% in August, while Japan today revised upwards its Gross Domestic Product (GDP) growth for the second quarter of the year by two-tenths to 0.5%.
Stock market futures on Wall Street advanced with slight rises of 0.15% for the Dow Jones and 0.37% for the Nasdaq.
On the commodities market, gold, a safe-haven asset, continued to appreciate, rising to $3,609.01 per troy ounce, a new all-time high and up from $3,586.69 on Friday.
Brent, Europe's benchmark crude for November delivery, is advancing to $66.55, up from $66.50 on Friday.
The OPEC+ alliance, led by Saudi Arabia and Russia, agreed this Sunday to a new increase in crude oil production for October, of 137,000 barrels per day, a smaller increase than that applied in recent months due to weakening world demand.
The euro was stronger at $1.1731 on the Frankfurt exchange, compared to $1.1717 on Friday and a new high since 15 September 2021, of $1.1789, on 2 July.
MC/ADB // ADB.
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