LUSA 12/05/2025

Lusa - Business News - Portugal: Stock market trading lower on Thursday morning, Teixeira Duarte off 2%

Lisbon, Dec. 4, 2025 (Lusa) - The Lisbon stock market is reversing Thursday's opening trend and trading lower, with civil constructor, Teixeira Duarte shares falling 2% to €0.69 and BCP bank shares rising 1.15% to €0.85.

At around 9:30 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) was down 0.17% to 8,205.96 points, compared to a new high since January 2010 of 8,484.01 points on 5 November, with 10 stocks down, four rising and two maintaining their price (Semapa at €16.90 and Sonae at €1.56).

Teixeira Duarte shares were followed by EDP Renováveis, REN and Jerónimo Martins, which were also on the rise, by 0.93% to €11.75, 0.91% to €3.26 and 0.59% to €20.24.

Also rising were Navigator, Altri and NOS, up 0.46% to €3.05, 0.22% to €4.51 and 0.13% to €3.77.

In the opposite direction, Ibersol, CTT and EDP shares were falling 0.50% to €10, 0.42% to €7.15 and 0.29% to €3.84.

Shares in Corticeira Amorim, Mota-Engil and Galp were also below the water line, by -0.15% to €6.55, by -0.09% to €4.69 and by -0.06% to €17.62.

The main European stock markets opened higher today, following the sharp rise on the Tokyo stock exchange, despite market expectations that the Bank of Japan will raise interest rates at its next meeting.

The main index of the Tokyo stock exchange, the Nikkei, rose 2.33% today, driven by technology companies, particularly those in the Artificial Intelligence (AI) sector, and after the good result of the 30-year debt auction, which recorded the highest demand since 2019, despite the market already attributing a probability of over 90% that the BoJ will raise key rates by 25 basis points on 19 December.

In Europe today, the European Banking Authority (EBA) publishes its annual transparency report, which describes the risks to which financial institutions are exposed and allows for comparison between the main banks in the 26 countries under its supervision.

Wall Street futures, after Wednesday's gains, are stable at this time.

In the US, preliminary December data from the University of Michigan on perception, current situation, one-year and five-year expectations, as well as September data on personal income and personal spending, will be published today.

Brent, the benchmark crude oil in Europe, for delivery in February 2026, is advancing to US$62.85, compared to US$62.67 in the previous session.

Bitcoin, after the highs registered on Wednesday, is down 0.35% at this time and stands at US$93,433.

The euro is stronger, rising to US$1.1676 on the Frankfurt foreign exchange market, compared to US$1.1669 on Wednesday and the new four-year high of US$1.1865 on 16 September.

 

 

 

 

MC/AYLS // AYLS

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