Lisbon, Jan. 27, 2026 (Lusa) - The Lisbon stock market has reversed its opening trend on Tuesday morning and is trading lower, with NOS shares falling 1.38% to €4.29 and index heavyweight, BCP shares rising 1.33% to €0.92.
At around 9:35 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) had reversed the opening trend and was down by 0.14% to 8,565.07 points, with 10 stocks falling, five rising and one maintaining its price (Sonae at €1.76), after closing at a new high since January 2010 of 8,639.05 points on 16 January.
NOS shares were followed by CTT, EDP Renováveis and REN, which were falling by 0.74% to €6.72, 0.70% to €12.74 and 0.60% to €3.33, respectively.
Following the same trend, Navigator, Galp and EDP shares were off by 0.49% to €3.22, 0.48% to €15.63 and 0.42% to €4.26.
Altri, Jerónimo Martins and Corticeira Amorim shares were falling by 0.33% to €4.49, 0.30% to €20.18 and 0.29% to €6.80.
In the opposite direction, BCP shares were followed by those of Ibersol, Semapa and Teixeira Duarte, which were rising by 0.48% to €10.55, 0.46% to €21.95 and 0.20% to €0.50.
Other shares on the rise this morning were those of Mota-Engil (+0.05% to €4.40).
The main European stock markets opened mixed today, pending the start of the US Federal Reserve (Fed) meeting, which is expected to decide on Wednesday to keep key rates in the range of 3.50%-3.75%.
The stock markets continue to pay special attention in this session to precious metal prices after they reached new historic highs on Monday.
The price of gold, historically considered a safe haven asset in times of uncertainty, was retreating today, but with an ounce trading at US$5,081.09 after soaring to a new all-time high of US$5,100.98 on Monday.
Silver was also falling, to US$110.7070, but after closing at US$117.1580 on Monday, a new all-time high.
Markets are also analysing the trade agreement between India and the European Union, described by both powers as historic, which will unite the world's second and fourth largest economies in an unprecedented market of 2 billion consumers after 18 years of negotiations.
Wall Street futures are showing mixed behaviour, with the Dow Jones down 0.07% and the Nasdaq up 0.64%, after both indices closed higher on Monday.
In the commodities market, Brent, the benchmark crude oil in Europe, for March delivery is down 0.37% to US$65.19, compared to US$65.59 in the previous session.
The euro is weaker, falling to US$1.1853 on the Frankfurt foreign exchange market, compared to US$1.1879 on Monday, a new high since October 2021.
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