Lisbon, Oct. 20, 2025 (Lusa) - The Lisbon stock market was trading higher, with Mota-Engil and BCP shares rising more than 2% and Teixeira Duarte falling 4.11% to €0.70.
The construction company's and BCP's shares were up 2.79% to €5.89 and 2.27% to €0.76 respectively.
At around 9:35 a.m. in Lisbon, the PSI, which has 16 companies since 22 September, maintained the opening trend and advanced 0.47% to 8,304.52 points, with 12 shares rising, three falling and one remaining unchanged (NOS at €3.73).
The PSI ended last Thursday at a new high since 16 April 2010, of 8,340.83 points.
Mota-Engil, through its subsidiary Mota-Engil México, signed new contracts in Mexico worth more than €1 billion, the largest of which was for railway construction worth €820 million, the company said.
In a note sent to the Portuguese Securities Market Commission (CMVM), Mota-Engil explains that the new contract signed with the Secretariat of Infrastructure, Communications and Transport includes the design and construction of the second section (between Apaseo el Grande and Irapuato) of the Querétaro-Irapuato rail link, with a total length of 70.7 kilometres.
In August, the company had already been awarded the first section of this project, which is a strategic project within Mexico's National Railway Plan.
Shares in Mota-Engil and BCP were followed by those in Altri, CTT and Corticeira Amorim, which also rose, namely 1.01% to €4.99, 0.58% to €6.94 and 0.56% to €7.14.
More moderately, shares in Navigator, Galp and EDP Renováveis advanced 0.52% to €3.11, 0.47% to €16.07 and 0.45% to €13.53.
Sonae and Semapa shares rose 0.44% to €1.38 and 0.34% to €17.96, as did EDP (+0.23% to €4.44) and REN (+0.16% to €3.11).
In the opposite direction, in addition to Teixeira Duarte's shares, Ibersol and Jerónimo Martins registered losses of 0.50% to €10.05 and 0.20% to €20.36.
The main European stock markets opened higher today, boosted by the rise in Tokyo's Nikkei index, which hit record highs when it closed up 3.47% and reached 49,000 points for the first time, after the Liberal Democratic Party and the Restoration Party of Japan reached an agreement to form a coalition government.
Meanwhile, in Europe, investors are waiting for the German Federal Statistics Agency (Destatis) to release the September reading of the production price index (PPI) in Germany. This variable has been falling at factory level for several months, mainly due to the fall in energy tariffs, specifically oil.
Futures on the New York Stock Exchange advanced, in line with Friday's close, up 0.61% for the Nasdaq and 0.38% for the Dow Jones.
In the US, the market is awaiting the publication of the Consumer Price Index (CPI) for September, which will be released next Friday, more than a week late due to the government shutdown, and which is key to the monetary policy of the US Federal Reserve (Fed), whose meeting will take place next week.
The price of gold, historically considered a safe haven asset in times of uncertainty, was rising today with an ounce trading at $4,256.66, compared to $4,251.82 on Friday and a new all-time high of $4,282.66 on 16 October.
Meanwhile, Brent, the benchmark crude oil in Europe for December delivery, is falling to $60.84, against $61.29 on Friday.
The euro strengthened to $1.1661 on the Frankfurt exchange market, against $1.1655 on Friday and the new four-year high of $1.1865 seen on 16 September.
MC/ADB // ADB.
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