Lisbon, Sept. 12, 2025 (Lusa) - The Lisbon stock exchange was trading lower on Friday morning, with shares in Mota-Engil and EDP Renováveis leading the losses, down 1.55% to €5.09 and 1.15% to €9.87.
At around 9.25 a.m. in Lisbon, the PSI maintained the opening trend and was down 0.27% to 7,734.31 points, with 10 shares falling, three rising, and two remaining unchanged (BCP at €0.92 and Jerónimo Martins at €21.80).
EDP announced on Wednesday that EDP Renováveis has finalised the sale of 12 wind projects in France and Belgium to the French fund manager Amundi Transition Energétique, for €200 million.
In a statement sent to the Portuguese Securities Market Commission (CMVM), EDP made it known through its subsidiary EDP Renováveis that “it has concluded the sale of a 100% stake in a 121 megawatt (MW) wind portfolio in France and Belgium to various companies managed by Amundi Transition Energétique”.
The transaction has an associated asset value of €200 million, says the company.
The shares of Mota-Engil and EDP Renováveis were followed by those of CTT, Corticeira Amorim and NOS, which fell 0.69% to €7.22, 0.66% to €7.54 and 0.51% to €3.90.
More moderately, Altri, Navigator and EDP shares fell 0.41% to €4.91, 0.37% to €3.26 and 0.16% to €3.82.
Sonae and Galp shares fell 0.15% to €1.30 and 0.09% to €15.86.
On the other hand, shares in Ibersol, REN and Semapa rose 0.81% to €9.94, 0.17% to €2.97 and 0.11% to €17.96.
The main European stock markets opened mixed today. Still, they were buoyed by the possible cut in US interest rates next week, following very negative weekly data on US employment and the recovery in the CPI.
Although the markets took it for granted that the European Central Bank (ECB) would keep interest rates at 2% on Thursday and that year-on-year inflation in the US would rise by two tenths in August compared to July, to 2.9%, the very negative weekly data on employment in this country, the worst since October 2021, increased the possibility that the US Federal Reserve (Fed) could make up to three rate cuts by the end of the year.
Today in Spain, year-on-year inflation figures were also released, which stood at 2.7% in August, the same rate as the previous month, while food inflation moderated by four tenths to 2.3%, due to a greater reduction in the price of fruit.
These figures will also be released today in Germany and France.
Meanwhile, trade negotiations continue, and it has been learnt that China and the United States will hold a new round of trade talks in Madrid in the coming days, where they will also discuss issues such as TikTok or cooperation on money laundering networks.
Stock market futures on Wall Street, whose indices hit new highs on Thursday, are almost stable, with a fall of 0.05% for the Dow Jones and a rise of 0.06% for the Nasdaq.
On the commodities market, gold per troy ounce, a safe haven asset, was rising to $3,652.38, a new all-time high, against $3,636.23 in the previous session.
Brent, Europe's benchmark crude oil for November delivery, is retreating to $65.80, down from $66.37 on Thursday.
The euro is stronger at $1.1743 on the Frankfurt exchange, compared to $1.1737 on Thursday and the new high since 15 September 2021 of $1.1789 on 2 July.
MC/ADB // ADB.
Lusa
