Lisbon, Sept. 18, 2025 (Lusa) - The Lisbon stock market is trading higher on Thursday morning, with Ibersol shares leading the gains and rising 3.47% to €10.45.
At around 9:45 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) was holding on to its opening trend and advancing 0.31% to 7,753.69 points, with eight stocks rising, five falling and two maintaining their prices (NOS at €3.85 and REN at €2.92).
Ibersol shares were followed by Mota-Engil, CTT and EDP Renováveis, which were rising 1.94% to €5.26, 1.21% to €7.55 and 0.71% to €9.97.
More moderately, BCP, Galp and Corticeira Amorim shares were up 0.42% to €0.72, 0.41% to €15.93 and 0.27% to €7.51.
EDP shares were rising 0.26% to €3.87.
In the other direction, Navigator, Jerónimo Martins and Semapa shares were down 0.79% to €3.25, 0.47% to €21.24 and 0.33% to €18.16.
Altri and Sonae shares were down 0.20% to €4.97 and 0.15% to €1.32.
The main European stock markets opened higher today, reacting to the US Federal Reserve's (Fed) decision to lower interest rates yesterday, which they had already taken as certain.
The Fed cut key rates by a quarter of a point due to increased risks to employment and weakening labour conditions.
Following the Fed's decision, revisions to economic forecasts, which include higher inflation, higher GDP and lower unemployment, raise doubts about the internal consistency of the entity's policy trajectory, according to Janus Henderson analyst Dan Siluk, quoted by Efe.
Wall Street futures, which closed on Wednesday with mixed trends, are up 0.36% for the Dow Jones and 0.64% for the Nasdaq.
In the commodities market, gold per troy ounce, a safe-haven asset, was down to US$3,658.71, compared to US$3,684.71 on Wednesday and an all-time high of US$3,689.90 on 16 September.
Brent crude oil, the benchmark in Europe, for November delivery is down to US$67.59, compared to US$67.95 on Wednesday.
The euro is weaker, down to US$1.1834 on the Frankfurt foreign exchange market, compared to US$1.1853 the previous day and a new four-year high of US$1.1865 on 16 September.
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