Lisbon, Dec. 19, 2025 (Lusa) - The Lisbon stock market traded higher on Friday, with Semapa rising 25% to €21.25 after the group announced the sale of cement company Secil, valued at €1.4 billion.
At around 9:30 a.m. in Lisbon, the PSI reversed the opening trend. It rose 0.62% to 8,179.92 points, against a new high since January 2010 of 8,484.01 points recorded on 5 November, with nine stocks rising, five falling and two maintaining their price (CTT at €7.42 and Ibersol at €9.94).
Semapa announced today the sale of its cement company, Secil, to its Spanish counterpart, Molins, with the deal expected to be finalised in the first quarter of 2026.
Secil, founded in 1930, is one of the leading Portuguese companies in the cement sector, with an international presence and a track record of growth and value creation that is recognised in the sector, according to a statement released by Semapa.
The Semapa group has more than 8,000 employees and is present on four continents, with more than 75% of its turnover coming from international markets.
Semapa shares closed on Thursday up 1.43% at €17.
Semapa shares were followed by Navigator, Altri and Mota-Engil, which also rose by 2.04% to €3.10, 1.85% to €4.41 and 1.22% to €4.99.
Following the same trend, Teixeira Duarte, EDP Renováveis and NOS shares rose 0.91% to €0.66, 0.68% to €11.77 and 0.38% to €3.95.
Sonae and EDP shares also rose, namely 0.25% to 1.61 euros and 0.08% to 3.86 euros.
In contrast, REN, Galp and Jerónimo Martins shares fell 2.12% to €3.23, 0.82% to €13.99 and 0.30% to €20.24.
The other two shares that fell in price were Corticeira Amorim (-0.15% to €6.55) and BCP (-0.02% to €0.88).
The main European stock markets were relatively flat today, then mixed after the ECB kept key interest rates at 2% and the Bank of England reduced them by 0.25%.
Today's session is expected to be volatile due to the expiry of futures and options on indices and shares, the so-called ‘witching hour’.
In the eurozone, December consumer confidence figures will be released today. In Germany, January GFK consumer confidence index data will be released, while in the US, attention will be focused on the Personal Consumption Expenditures Price Index (PCE), a key measure for the US Federal Reserve's (Fed) monetary policy decisions.
Wall Street futures are mixed, with the Nasdaq up 0.34% and the Dow Jones down 0.02%.
The Bank of Japan (BoJ) raised interest rates to their highest level in 30 years, 0.75%, up 25 basis points.
Brent, the benchmark crude oil in Europe, for delivery in February 2026, is retreating to $58.62, down from $59.82 in the previous session.
The euro fell to $1.1715 on the Frankfurt foreign exchange market, compared to $1.1718 on Thursday and the new four-year high of $1.1865 recorded on 16 September.
MC/ADB // ADB.
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