Lisbona, Nov. 26, 2025 (Lusa) - The Lisbon stock market was trading higher on Wednesday morning, with Teixeira Duarte and Navigator shares rising around 1.5% and Mota-Engil shares falling 1.88% to €4.76.
At around 9:35 a.m. in Lisbon, the PSI was up 0.57% to 8,095.33 points, against a new high since January 2010 of 8,484.01 points recorded on 5 November, with 12 stocks rising, two falling and two maintaining their price (Ibersol at €10.2 and Corticeira Amorim at €6.62).
Teixeira Duarte and Navigator shares rose 1.49% to €0.68 and 1.47% to €3.03.
Teixeira Duarte and Navigator shares were followed by Sonae, Altri and Semapa, which also rose, namely 1.37% to €1.48, 1.34% to €4.55 and 1.09% to €16.76.
Following the same trend, BCP, Galp and NOS shares rose 0.87% to €0.81, 0.65% to €17.05 and 0.54% to €3.73.
REN and EDP shares rose 0.31% to €3.29 and 0.27% to €3.78.
The other two shares that gained value were CTT (0.14% to €7.08) and EDP Renováveis (0.09% to €11.34).
In contrast, Jerónimo Martins shares fell 0.28% to €21.26.
The main European stock markets opened higher today, with gains of around 0.50%, driven by expectations that the US Federal Reserve (Fed) will announce on 10 December a further reduction in key interest rates.
In Europe, attention today will be focused on the UK's national budget, amid lower growth estimates due to lower productivity than initially estimated, with investors keeping a close eye on the country's budgetary credibility.
Wall Street futures are up 0.28% for the Dow Jones and 0.49% for the Nasdaq, after both indices closed higher yesterday.
In the US, weekly jobless claims will be released today, with a slight increase expected, as well as preliminary September data on durable goods orders excluding transport, and the Fed's Beige Book. This report will give an idea of how the US economy is coping with the shutdown.
Brent, the benchmark crude oil in Europe, for January 2026 delivery, is falling to $62.30, down from $62.40 in the previous session.
The euro fell to $1.1579 on the Frankfurt foreign exchange market, compared to $1.1582 on Tuesday and the new four-year high of $1.1865 recorded on 16 September.
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