Lisbon, Dec. 18, 2025 (Lusa) - The Lisbon stock market is continuing its opening trend on Thursday morning and trading slightly higher, with Mota-Engil shares leading the gains and rising 1.22% to €4.81.
At around 9:45 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) was up 0.04% to 8,072.56 points, against a new high since January 2010 of 8,484.01 points recorded on 5 November, with six stocks rising, five falling and five maintaining their prices (Corticeira Amorim at €6.52, Ibersol at €9.90, NOS at €3.88, Semapa at €16.76 and Teixeira Duarte at €0.66).
Mota-Engil shares were followed by Galp, Jerónimo Martins and EDP, which were also on the rise, by 0.61% to €14.09, 0.60% to €20.22 and 0.36% to €3.86.
Following the same trend, EDP Renováveis and REN shares were up 0.26% to €11.71 and 0.15% to €3.31.
In the opposite direction, Navigator, CTT and Altri shares were down 0.79% to €3.00, 0.69% to €7.24 and 0.58% to €4.30.
The other two shares below the waterline were BCP (-0.39% to €0.87) and Sonae (-0.12% to €1.60).
The main European stock markets were mixed today, awaiting the ECB's decision on interest rates, which it is likely to maintain, and the Bank of England's (BoE) decision, which is certain to reduce them, as well as US inflation figures.
Today's session focuses on the ECB's decision on rates, which the market expects to remain unchanged, and the subsequent press conference by the institution's president, Christine Lagarde, who will give clues about monetary policy for next year.
Investors are also watching the Bank of England (BoE) meeting, which they expect to lower key rates by a quarter of a point.
On Friday, it will be the turn of the Bank of Japan (BoJ), which the market expects to raise key rates.
The US agenda will also set the tone for the session, with inflation data, weekly jobless claims and the Philadelphia Fed's business outlook.
US President Donald Trump gave a speech to the nation in which he attempted to give a superlative assessment of his first year back in power, and in which he guaranteed that over the next 12 months, 1,600 new power plants will be inaugurated in the country, which will cause electricity prices to fall "drastically".
Trump's announcement comes at a time when citizens in many states are experiencing sharp increases in their bills due to the growing energy consumption of the data centres needed for the development of Artificial Intelligence (AI).
Similarly, Trump also announced that he will grant 1,450,000 members of the armed forces a "special bonus," which he called the "warrior dividend," in the figure of US$1,776, a symbolic number that refers to the year the country was founded.
After Wall Street ended lower on Wednesday, New York stock futures are currently showing mixed behaviour, with the Dow Jones index down 0.47% and the Nasdaq up 0.79%.
Brent, the benchmark crude oil in Europe, for delivery in February 2026, is rising to US$60.13, compared to US$59.68 in the previous session.
The euro is weaker, falling to US$1.1733 on the Frankfurt foreign exchange market, compared to US$1.1749 on Wednesday and the new four-year high of US$1.1865 recorded on 16 September.
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