Lisbon, Nov. 11, 2025 (Lusa) - The Lisbon stock market was trading lower on Tuesday, with shares in EDP and EDP Renováveis down 4.08% to €3.91 and 1.33% to €11.84.
At around 09:45 in Lisbon, the PSI continued the trend of the opening. It was down 0.38% to 8,283.18 points, against a new high since January 2010 of 8,484.01 points on 5 November, with nine shares down, five up and two remaining unchanged (Ibersol at €10.20 and Jerónimo Martins at €21.88).
The Canadian pension fund notified EDP today of the sale of 5.2% of the company's capital for €814.7 million, Energia said in a statement sent to the Portuguese Securities Market Commission (CMVM).
"Following the previous statement issued on 10 November 2025, EDP was notified today of the information regarding the Canada Pension Plan Investment Board, attached hereto," the company said.
In this communication, the Canada Pension Plan Investment Board informs that “it has successfully concluded the sale, by way of a private placement through an accelerated "bookbuild" directed exclusively at qualified institutional investors, of 218,488,895 shares representing approximately 5.2% of EDP's share capital”.
Shares in the two EDP companies were followed by those in Teixeira Duarte, Sonae and Semapa, which also fell, namely 1.12% to €0.71, 1.11% to €1.42 and 0.67% to €17.68.
More moderately, NOS, CTT and Altri shares fell 0.41% to €3.66, 0.40% to €7.40, and 0.10% to €4.87, respectively.
Similarly, Mota-Engil shares fell 0.08% to €5.91.
On the other hand, shares in Galp, REN and Corticeira Amorim rose 1.34% to €17.80, 0.44% to €3.42 and 0.31% to €6.57.
The other two shares that rose were Navigator (0.13% to €3.04) and BCP (0.08% to €0.80).
The main European stock markets opened today with significant gains, optimistic about the possible reopening of the US federal government, which will put an end to the longest shutdown in the country's history, which has lasted more than 40 days.
The day's macroeconomic agenda includes the publication in Germany of the indices drawn up by the German institute ZEW, while in the afternoon, the US will publish the index drawn up by the National Federation of Independent Business (NFIB), which measures the level of optimism of small US businesses in October.
Wall Street closed Monday with the main indicators in the green, boosted by lawmakers moving towards reopening the federal government, as concern grows about the effects of the shutdown on the economy.
At this hour, New York futures are advancing, with the Dow Jones and Nasdaq indices down 0.01% and 0.19%, respectively.
Today is Veterans' Day in the US, which will keep the bond markets closed, although the stock markets will open, so limited activity is expected.
Brent, the benchmark crude oil in Europe for delivery in January 2026, is retreating to $63.89, against $64.06 on Monday.
The euro was stronger at $1.1563 on the Frankfurt exchange market, against $1.1561 on Monday and the new four-year high of $1.1865 seen on 16 September.
MC (PD) // EA
Lusa/Fim