Lisbon, Nov. 12, 2025 (Lusa) - The Lisbon stock market was trading higher on Wednesday, with shares in EDP Renováveis and EDP rising 2.08% to €11.77 and 1.91% to €3.79, respectively.
At around 09:40 in Lisbon, the PSI maintained the opening trend. It rose 0.84% to 8,263.67 points, against a new high since January 2010 of 8,484.01 points on 5 November, with nine shares rising, five falling and two remaining unchanged (BCP at €0.79 and Ibersol at €10.3).
On Tuesday, Canada's pension fund notified EDP of the sale of 5.2% of the company's capital for €814.7 million, the energy company said in a statement sent to the Portuguese Securities Market Commission (CMVM).
"Following the previous statement issued on 10 November 2025, EDP was notified 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 CTT, REN and Galp, which also rose by 0.82% to €7.38, 0.59% to €3.39 and 0.58% to €18.09.
More moderately, NOS, Mota-Engil and Altri shares rose 0.28% to €3.63, 0.26% to €5.80, and 0.21% to €4.87, respectively.
Similarly, Semapa shares rose 0.11% to €17.80.
In the opposite direction, Jerónimo Martins, Corticeira Amorim and Teixeira Duarte shares fell 0.46% to €21.86, 0.30% to €6.60 and 0.29% to €0.68.
The other two shares to fall were Navigator (-0.26% to €3.04) and Sonae (-0.14% to €1.43).
The main European stock markets opened today with significant gains, optimistic about the imminent reopening of the US Administration, which has been closed since 1 October.
The US House of Representatives is preparing to vote today on a budget extension, already approved by the Senate, with the aim of getting the Federal Administration back up and running after more than 40 days of inactivity, which constituted the longest shutdown in history.
The day's agenda in Europe includes the Eurogroup finance ministers' meeting, which will today address competitiveness challenges, such as innovation and economic security, as well as progress towards the creation of the digital euro.
New York futures advanced by 0.17% for the Dow Jones and 0.53% for the Nasdaq.
Brent, the benchmark crude oil in Europe for delivery in January 2026, is advancing to $64.85, against $64.16 on Tuesday.
Today, the Organisation of the Petroleum Exporting Countries (OPEC) is presenting its monthly report on crude oil supply and demand, after deciding earlier this month to maintain its production increase amid what it considered a stable global economic outlook.
The euro is weaker at $1.1586 on the Frankfurt exchange market, compared to $1.1595 on Tuesday and the new four-year high of $1.1865 seen on 16 September.
MC/ADB // ADB.
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