Lisbon, Feb. 2, 2026 (Lusa) - The Lisbon stock market maintained its opening trend on Monday and traded lower, with Galp shares falling 2.57% to €16.30.
At around 9:45 a.m. in Lisbon, the PSI maintained its opening trend and fell 0.22% to 8,644.06 points, with nine stocks down, six up and one unchanged (Teixeira Duarte at €0.48).
European oil companies are today recording stock market declines, most of which exceed 2%, due to the decline in Brent, which is down more than 4% after new threats from US President Donald Trump to Iran, which may also be penalising Galp.
Following the same trend, Semapa, Navigator and Sonae shares fell 0.89% to €22.20, 0.56% to €3.18 and 0.34% to €1.76.
Shares in EDP, EDP Renováveis and Mota-Engil fell 0.30% to €4.30, 0.23% to €12.77 and 0.13% to €4.45.
The other two shares that fell in price were Altri (-0.12% to €4.32) and BCP (-0.04% to €0.91).
On the other hand, CTT shares rose 1.91% to €6.92, as did Ibersol, Jerónimo Martins and NOS, which rose 0.94% to €20.06, 0.75% to €20.06 and 0.57% to €4.41.
REN and Corticeira Amorim shares also rose, by 0.44% to €3.45 and 0.15% to €6.70.
The main European stock markets opened lower today, with sharp declines in precious metals and oil following new threats from US President Donald Trump toward Iran.
After OPEC+ confirmed that it will maintain supply levels next month, European stock markets responded negatively to Trump's new threat to attack Iran if the Islamic Republic does not agree to a nuclear deal that prevents it from developing atomic weapons.
The threat led to a further fall in precious metals, with gold down 3.22% this morning and the price per ounce at £4,636.38, far from the highs reached on 29 January, when it hit £5,335.09, while silver fell 3.62% to £75.90, after also reaching an all-time high of $117.1580 on 26 January.
Meanwhile, on the commodities market, Brent, the benchmark European crude oil for April delivery, fell 4.93% to $65.89, down from $69.32 in the previous session.
This week, the European Central Bank (ECB) will hold its first meeting of the year on Thursday, where it is expected to keep key interest rates at their current level of 2%, after the US Federal Reserve (Fed) also kept them unchanged last week, albeit in this case between 3.50% and 3.75%.
Also noteworthy is the Bank of England's (BoE) decision on interest rates, which is expected to keep key rates unchanged at 3.75%.
The euro rose to $1.1857 on the Frankfurt foreign exchange market, compared to $1.1851 on Friday and $1.1980 on 27 January, a new high since June 2021.
MC/ADB // ADB.
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