Lisbon, Nov. 24, 2025 (Lusa) - The Lisbon stock market was trading lower on Monday, but with Mota-Engil and Teixeira Duarte leading the gains, rising 2.79% to €5.13 and 2.37% to €0.69, respectively.
At around 9:15 a.m. in Lisbon, the PSI was down 0.26% to 8,034.32 points, against a new high since January 2010 of 8,484.01 points recorded on 5 November, with eight stocks rising, seven falling, and one maintaining its price (NOS at €3.68).
On Sunday, an official Angolan source stated that the new Corimba Marginal, under the responsibility of Mota-Engil and whose first phase will cost €245 million and is presented as a structural intervention for Luanda, will advance 120 metres over the sea through dredging and will require the rehousing of around 2,000 families.
According to the national director of Urban Infrastructure in Angola, Simão Tomé, 2,000 homes of various types will be built to rehouse the families who will have to be removed from that strip.
The Portuguese Prime Minister, Luís Montenegro, visited the project on Sunday.
The shares of Mota-Engil and Teixeira Duarte were followed by those of BCP, Altri and Semapa, which also rose in value, namely 1.02% to €0.79, 0.68% to €4.47 and 0.49% to €16.40.
Following the same trend, shares in Ibersol, CTT and EDP rose 0.48% to €10.45, 0.28% to €7.09 and 0.24% to €3.77.
In contrast, Jerónimo Martins, Navigator and Sonae shares fell 0.83% to €21.38, 0.75% to €2.91 and 0.68% to €1.47.
Shares in Galp, REN and Corticeira Amorim fell 0.54% to €17.40, 0.45% to €3.30 and 0.30% to €6.65.
Other shares that fell included EDP Renováveis, down 0.18% to €11.27.
The main European stock markets opened higher today, boosted by Wall Street's positive performance on Friday and new expectations that US interest rates will fall again in December.
Investors are not counting on the Tokyo stock market today, which is closed for a holiday, while the Shanghai stock market benchmark index gained 0.05% today, Shenzhen rose 0.37%, Seoul fell 0.19%, and Hong Kong's Hang Seng rose 1.65% shortly before the end of the session.
Investors today welcomed statements made last Friday by New York Federal Reserve President John Williams, who said he saw ‘room for further adjustment’ in interest rates.
Similarly, markets will continue to focus this week on technology companies, a sector that last week captured the market's attention with Nvidia's results.
In Europe, the German Ifo institute is publishing today the indices that assess German companies' perception of the country's economic situation, as well as their expectations for the future. In contrast, on Friday, preliminary November inflation readings will be published for the four leading economies of the eurozone - Germany, France, Italy and Spain.
In the US, September retail sales figures and the producer price index (PPI) for the same month are expected to be released on Tuesday, data that was not released on schedule due to the federal government shutdown in early October.
In addition, on Wednesday, durable goods orders figures for September will be released, while the Fed will publish its latest Beige Book of the year. This report will provide an insight into how the US economy is coping with the shutdown.
The stock markets will not have Wall Street as a reference on Thursday, as it will remain closed for the Thanksgiving holiday, while on Friday, the New York Stock Exchange will operate for only half a session.
Wall Street ended higher on Friday, buoyed by the possibility of a cut in key interest rates.
Brent, the benchmark crude oil in Europe, for January 2026 delivery, is falling to $62.24, down from $62.56 on Friday.
The euro rose to $1.1529 on the Frankfurt foreign exchange market, up from $1.1513 on Friday and from the new four-year high of $1.1865 recorded on 16 September.
MC/ADB // ADB.
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