Lisbon, Dec. 19, 2025 (Lusa) - The Lisbon stock market closed higher on Friday, with the PSI index rising 1.03% to 8,211.61 points, with Semapa standing out with a gain of more than 20%, after the cement producer announced the sale its subsidiary, Secil, to Spanish rival, Molins.

Of the 16 companies that are part of the benchmark PSI (Portuguese Share Index), 13 rose and three fell.

Semapa led the gains, rising 20.88% to €20.55 at the close. At one stage during the morning its shares were up 25% at €21.25 Semapa announced today the sale of cement company Secil to its Spanish counterpart Molins, with the deal expected to be completed 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 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.

In today's stock market session, other major gains included civil engineering and construction group, Mota-Engil, which rose 3.96% to €5.13, Altri, which rose 1.85% to €4.41, EDP Renováveis, which rose 1.80% to €11.90, Navigator, which rose 1.71% to €3.09, Teixeira Duarte, which rose 1.52% to €0.67, BCP, which rose 1.33% to €0.90, Sonae SGPS, which rose 1.25% to €1.62, and NOS, which rose 1.02% to €3.98.

Galp (€14.20), Corticeira Amorim (€6.57), CTT (€7.43) and EDP (€3.86) rose by less than 1%.

In the opposite direction, REN led the declines, falling 2.87% to €3.21.

Ibersol (€9.90) and Jerónimo Martins (€20.26) fell by less than 1%.

Elsewhere in Europe, the main indexes in London rose 0.61%, Frankfurt 0.37%, Madrid 0.22% and Paris 0.01%.

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