Lisbon, Feb. 19, 2026 (Lusa) - The Lisbon stock market is trading lower on Thursday morning, with Mota-Engil shares falling 2.14% to €5.04.
At around 9:40 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) was keeping its opening trend and falling 0.08% to 9,135.97 points, with seven companies down and nine up, after closing on Wednesday at a new high since June 2008 of 9,142.99 points.
On Wednesday, it was announced that engineering company Martifer (listed outside the PSI benchmark index) will have to distribute at least 50% of its profits annually, with all of its 2025 profits to be distributed, according to the tripartite agreement between the company's shareholders.
This agreement, disclosed to the Portuguese Securities Market Commission (CMVM), entered into between IM, Mota-Engil and Visabeira, establishes that, "unless otherwise decided by the aforementioned qualified majority, at least 50% of Martifer's distributable profits must be distributed annually, provided that this complies with the obligations assumed in any financial contract in force and that the distribution does not jeopardise adequate working capital for the group's continued activity".
Mota-Engil shares were followed by EDP, EDP Renováveis and REN, which were also falling in value, by 1.06% to €4.31, 0.97% to €13.22 and 0.93% to €3.72, respectively.
Following the same trend, Semapa, Teixeira Duarte and Altri shares were down by 0.84% to €23.65, 0.38% to €0.53 and 0.10% to €4.76.
In the opposite direction, shares in Ibersol, Galp and BCP were rising by 0.89% to €11.35, 0.85% to €18.47 and 0.67% to €0.91, respectively.
Shares in NOS, Navigator and Corticeira Amorim were also rising, by 0.61% to €4.95, 0.59% to €3.40 and 0.43% to €7.03.
The other three shares that were above the waterline were Sonae (+0.20% to €1.97), CTT (+0.14% to €7.20) and Jerónimo Martins (+0.09% to €21.12).
The main European stock markets were down today, attentive to weekly unemployment data in the US, while there remains a lack of progress in negotiations between Russia and Ukraine.
In Asia, the main Tokyo stock market index, the Nikkei, rose 0.57% today, driven by advances in technology stocks following gains by their counterparts on Wall Street, while the main Seoul stock market index, the Kospi, shot up 3.09% for the same reason.
Meanwhile, the Shanghai, Shenzhen and Hong Kong stock markets are not trading today due to the Lunar New Year holiday period.
Wall Street futures are up 0.19% for the Nasdaq and 0.01% for the Dow Jones.
Gold and silver are up modestly, by 0.35% and 1.25% respectively.
In the commodities market, oil moderated its gains and Brent, the benchmark crude oil in Europe, for April delivery, rose 0.87% to US$71.32, compared to US$70.35 in the previous session.
The euro is weaker, falling to US$1.1802 on the Frankfurt foreign exchange market, compared to US$1.1806 on Wednesday and US$1.1980 on 27 January, a new high since June 2021.
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