Lisbon, Feb. 12, 2026 (Lusa) - The Lisbon stock market is trading higher on Thursday morning, with the PSI rising to a new high since June 2008 and Teixeira Duarte shares advancing 2.63% to €0.55.
At around 9:30 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) was holding its opening trend and rising 0.09% to 9,078.29 points, a new high since June 2008, with 10 stocks rising, five falling and one maintaining its price (Corticeira Amorim at €7.09).
Civil engineering and construction group, Teixeira Duarte shares were followed by counterpart, Mota-Engil, whose shares were up by 1.71% to €5.06. Ibersol and Galp were also on the rise, by 1.35% to €11.25 and 1.33% to €18.23.
Following the same trend, BCP, CTT and Altri shares were up by 0.58% to €0.91, 0.55% to €7.36 and 0.52% to €4.82.
The other three shares that were above the water line were EDP Renováveis (+0.45% to €13.51), NOS (+0.21% to €4.23) and Jerónimo Martins (+0.19% to €20.98).
In the opposite direction, EDP, Navigator and REN shares were down by 0.79% to €4.40, 0.47% to €3.41 and 0.27% to €3.63.
Semapa and Sonae shares were also falling, by 0.22% to €22.95 and 0.11% to €1.88.
The main European stock markets were up today, focused on the publication of corporate results, after the release of US employment data for January dispelled expectations of rapid rate cuts by the US Federal Reserve (Fed).
After learning about US employment data for January on Wednesday and awaiting inflation data on Friday, markets are now focused on a series of corporate results, including those from Hermès, Siemens, Unilever, AB InBev and Mercedes Benz.
Wall Street futures are up 0.25% for the Dow Jones and 0.24% for the Nasdaq.
The rise in value of the dollar has led to a fall in precious metals, with gold down 0.53% and silver down 1.24%.
In the case of oil, Wednesday's decision by OPEC to maintain its forecasts for global demand (it forecasts an increase of 1.34 million barrels per day next year, slightly below the 1.38 million in 2026) has led to a 0.36% rise in the price of Brent crude, the benchmark in Europe.
The euro is weaker, down to US$1.1876 on the Frankfurt foreign exchange market, compared with US$1.1886 on Wednesday and US$1.1980 on 27 January, a new high since June 2021.
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