Lisbon, Nov. 25, 2025 (Lusa) - The Lisbon stock market is trading down on Tuesday morning, with Mota-Engil shares falling 1.08% to €4.94 and Jerónimo Martins shares rising 1.14% to €21.29.
At around 9:40 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) was down 0.23% to 8,033.71 points, against a new high since January 2010 of 8,484.01 points recorded on 5th November, with eight stocks rising, seven falling and one maintaining its price (Corticeira Amorim at €6.58).
Mota-Engil shares were followed by Teixeira Duarte, EDP and REN, which also fell, namely 0.59% to €0.67, 0.53% to €3.76 and 0.45% to €3.29.
Following the same trend, Sonae, EDP Renováveis and BCP shares fell 0.27% to €1.46, 0.26% to €11.43 and 0.13% to €0.80.
In contrast, after Jerónimo Martins shares, those that appreciated the most were Ibersol, NOS and Semapa, which rose 0.98% to €10.30, 0.95% to €3.70 and 0.86% to €16.48.
Navigator and Altri shares rose 0.68% to €2.94 and 0.45% to €4.43.
The other two shares that gained value were Galp (0.32% to €17.36) and CTT (0.28% to €7.08).
The main European stock markets opened stable today, but buoyed by the increased possibility of a US Federal Reserve (Fed) rate cut in December, and pending the peace plan for Ukraine.
On the European macroeconomic agenda, today's highlight is the publication of Germany's final GDP figures for the third quarter.
If the preliminary data is confirmed, the German economy would have remained stable (0.0%) compared to the previous quarter, demonstrating once again its inability to grow in the current macroeconomic and geopolitical scenario.
Wall Street closed higher on Monday, with the Nasdaq rising 2.69%, the biggest increase since 12 May, driven by technology company Alphabet and expectations generated by its new Gemini 3 Artificial Intelligence (AI) model, with which it seeks to surpass OpenAI.
Brent, the benchmark crude oil in Europe, for delivery in January 2026, is retreating to US$63.05, down from US$63.37 in the previous session.
The euro is stronger, rising to US$1.1526 on the Frankfurt foreign exchange market, compared to US$1.1516 on Monday and the new four-year high of US$1.1865 recorded on 16 September.
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