LUSA 02/10/2026

Lusa - Business News - Portugal: Shares at highest level since June 2008 led by construction

Lisbon, Feb. 9, 2026 (Lusa) - The Lisbon stock market was trading higher on Monday, with the PSI rising to its highest level since June 2008, led by Teixeira Duarte and Mota-Engil shares.

At around 9:15 a.m. in Lisbon, the PSI maintained its upward trend and advanced 0.33% to 8,919.38 points, a high since June 2008, with nine stocks rising, six falling, and one holding steady (Ibersol at €11.05).

Teixeira Duarte and Mota-Engil shares led the gains, rising 2.81% to €0.51 and 2.14% to €4.95, respectively.

Teixeira Duarte and Mota-Engil shares were followed by BCP, Navigator and Semapa, which also rose, 1.86% to €0.93, 1.42% to €3.29 and 0.89% to €22.55, respectively.

Following the same trend, EDP Renováveis, NOS and Altri shares rose 0.68% to €13.29, 0.54% to €4.63 and 0.33% to €4.51, respectively.

Sonae shares rose 0.11% to €1.84.

In contrast, Corticeira Amorim and Jerónimo Martins shares fell the most, by 0.58% to €6.88 and 0.29% to €20.34, respectively.

Galp, REN and CTT shares fell 0.14% to €17.52, €7.30 and €7.30, respectively.

EDP shares fell 0.12% to €4.32.

The main European stock markets opened higher today, boosted by Asian markets, with Tokyo's Nikkei index soaring around 4%by the end of last Friday's session on Wall Street.

Wall Street closed higher on Friday, with the main index, the Dow Jones, at a historic high, surpassing the 50,000-point level for the first time, up 2.47%.

In Europe, the data calendar for the week is sparse after the European Central Bank (ECB) kept key interest rates unchanged as expected, and ECB President Christine Lagarde reiterated that monetary policy is in a good position, with risks broadly balanced, so no change in rates is expected soon.

Markets are discounting a 25-basis-point cut in key interest rates in July, although they see an earlier cut in June as likely.

Meanwhile, gold and silver are rising.

In the commodities market, Brent, the benchmark European crude oil for April delivery, fell 1.26% to $67.52, down from $68.05 in the previous session.

The euro rose to $1.1854 on the Frankfurt foreign exchange market, compared to $1.1815 on Friday and $1.1980 on 27 January, a new high since June 2021.

MC/ADB // ADB.

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