Lisbon, Feb. 3, 2026 (Lusa) - The Lisbon stock market is trading higher on Tuesday morning, with the PSI rising to its highest level since January 2010 and EDP Renováveis leading the gains, rising 2.19% to €13.04.
At around 9:40 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) was keeping its opening trend and advancing 0.84% to 8,779.89 points, a new high since January 2010, with 10 stocks rising, three falling and three maintaining their price (Ibersol at €10.65, Semapa at €22.25 and Teixeira Duarte at €0.48).
EDP Renováveis shares were followed by Mota-Engil and NOS, which were on the rise by 1.73% to €4.59 and 1.30% to €3.49, as well as REN and BCP, which were both rising by 1.30% to €3.49 and €0.95.
Following the same trend, CTT and EDP shares were both up by 0.87% to €6.94 and €4.30.
The other three shares on the rise were Sonae (+0.33% to €1.81), Navigator (+0.31% to €3.21) and Jerónimo Martins (+0.20% to €20.18).
In the opposite direction, Galp, Corticeira Amorim and Altri shares were falling by 0.60% to €16.57, 0.30% to €6.74 and 0.11% to €4.39.
On Monday, Galp released its operating data for the fourth quarter of 2025, a period in which it recorded an average oil equivalent production of 113,000 barrels per day, an increase of 2% over the same period last year, although slightly below the previous quarter.
The main European stock markets opened higher today, after the Madrid and London stock exchanges reached new record highs on Monday, with precious metals rising again after sharp falls in recent sessions.
On Monday, the IBEX 35 index on the Madrid stock market surpassed the 18,100-point level for the first time, while the FTSE100 index on the London stock market also reached a new all-time high after surpassing the 10,300-point level.
Meanwhile, precious metals were up again today after sharp declines in recent sessions.
Gold is rising again by 6.39%, with an ounce at US$4,932.66, and silver is up by 12.37% to US$87.8156, after sharp falls recorded by both metals last Friday and yesterday (Monday), corrections which, according to analysts, are part of the usual technical behaviour of precious metals.
As for oil, it moderated its declines compared to Monday, when they exceeded 4% amid sentiment of easing tensions between the United States and Iran.
In the commodities market, Brent, the benchmark crude oil in Europe, for April delivery, is down by 0.47% to US$65.90, compared to US$66.30 in the previous session, while West Texas Intermediate (WTI), the benchmark in the US, is down by 0.34% to US$61.94.
Wall Street closed higher on Monday, and futures are currently up 0.08% for the Dow Jones and 0.36% for the Nasdaq, in a context in which billionaire magnate Elon Musk announced that he has merged his aerospace company SpaceX with his artificial intelligence (AI) start-up xAI.
The euro is stronger, rising to US$1.1819 on the Frankfurt foreign exchange market, compared to US$1.1800 on Monday and US$1.1980 on 27 January, a new high since June 2021.
MC/AYLS // AYLS
Lusa
