Lisbon, Nov. 7, 2025 (Lusa) - The Lisbon stock market was trading lower on Friday, with shares in EDP and EDP Renováveis falling 3.73% to €3.95 and 2.73% to €12.11, following the presentation of the strategic plan.
At around 09:35 in Lisbon, the PSI continued the trend of the opening and was down 1.34% to 8,264.31 points, against a new high since January 2010 of 8,484.01 points on 5 November, with 12 shares down, three up, and one remaining unchanged (REN at €3.36).
EDP announced on Thursday that it plans to invest around €12 billion between 2026 and 2028, with a focus on renewable energies and electricity networks, according to its new business plan.
According to the company, the total investment includes around €7.5 billion in EDP Renováveis (EDPR) - in wind, solar and energy storage (BESS) projects - of which around 60% in the United States, and €3.6 billion in electricity grids, two thirds of which in the Iberian Peninsula.
The shares of EDP's two listed companies were followed by those of Jerónimo Martins, Altri and Navigator, which also fell 1.17% to €21.88, 1.02% to €4.86 and 0.98% to €3.02.
More moderately, shares in BCP, Semapa and Corticeira Amorim lost 0.91% to €0.78, 0.79% to €17.66 and 0.75% to €6.60.
In the same trend, CTT and Ibersol shares fell 0.53% to €7.55 and 0.50% to €10.05.
The other two shares to fall were NOS (-0.41% to €3.65) and Sonae (-0.28% to €1.41).
On the other hand, shares in Mota-Engil, Teixeira Duarte and Galp rose 1.04% to €5.83, 0.88% to €0.69 and 0.43% to €17.66.
The main European stock markets opened mixed today, following the falls recorded in Asia and on Wall Street, as attention once again turned to third-quarter corporate results, which set the market's course.
The European markets are reflecting the corporate results being reported, including those of IAG, which, with a fall of around 8%, is dragging down the Spanish stock market.
Fears of a bubble in the Artificial Intelligence (AI) industry led to a fall in Asian stock markets.
Wall Street also closed in the red on Thursday, hurt by the fall in the shares of major technology companies, including Microsoft, which lost 1.98%, Amazon, which fell 2.86%, and Nvidia, which dropped 3.6%.
Also contributing to Wall Street's fall were the announcements of redundancies in the United States, which soared to more than 150,000 in October, the highest monthly figure since 2003 and an increase of almost three times compared to September, according to a report by a consultancy specialising in employment, in the absence of official data.
Brent, Europe's benchmark crude oil for January 2026 delivery, is advancing to $64.06, up from $63.38 on Thursday.
The euro was weaker at $1.1535 on the Frankfurt exchange, down from $1.1541 on Thursday and a new four-year high of $1.1865 on 16 September.
MC/ADB // ADB.
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