Lisbon, April 17, 2026 (Lusa) - The Lisbon stock market was trading slightly higher on Friday morning, with 10 PSI (Portuguese Stock Index) companies rising moderately, led by NOS, which was up 1.18% to €5.57.
At around 9.15 a.m. in Lisbon, the PSI was holding its opening trend and was up 0.02% at 9,234.59 points, with 10 companies rising and six falling.
NOS shares were followed by those of Semapa, Mota-Engil and Altri, which were rising by 0.92% to €22.05, 0.80% to €4.80 and 0.72% to €4.91 respectively.
EDP was up by 0.58% to €4.55, while CTT and Corticeira Amorim were gaining 0.46% to €6.59 and €6.61, respectively.
The other three companies above the waterline were Teixeira Duarte (up 0.35% to €0.43), Jerónimo Martins (up 0.19% to €21.02) and Ibersol (up 0.17% to €11.76).
In the opposite direction, REN, EDP Renováveis and BCP were falling by 0.40% to €3.75, 0.36% to €13.75 and 0.27% to €0.83, respectively.
Also down, Galp, Navigator and Sonae were off 0.13% to €19.43, 0.12% to €3.34 and 0.10% to €1.96, respectively.
The main European stock markets opened higher on Friday morning, but with uncertainty surrounding negotiations between Washington and Tehran, and the opening of the Strait of Hormuz.
The euro is weaker, falling by 0.04% to $1.1777 on the Frankfurt foreign stock market, compared with $1.1781 on Thursday.
The price of Brent Crude Oil, the European benchmark, for June delivery, is down by 0.70% to $98.69.
Natural gas for May delivery on the Dutch TFF market, the European benchmark, is down by 1.11% to €41.95 per megawatt-hour (MWh).
European markets continue to show scepticism regarding Middle East peace talks after Washington warned on Thursday that it would use force, if necessary, to enforce the naval blockade against Iran, and that ships travelling to or from ports in the Islamic Republic would be boarded and seized.
This warning triggered a sharp rise in Brent Crude Oil prices, up 4.70% to $99.39 a barrel, although prices have since fallen again, down 0.70%.
Investors are expected to remain attentive during this session to any statements made regarding the Middle East, after the US president, Donald Trump, reiterated on Thursday his hope that an extension of the current two-week ceasefire with Iran would be unnecessary, expressing his belief that a formal agreement could be reached before then.
The US indices closed on Thursday with modest gains of 0.24% for the Dow Jones and 0.36% for the Nasdaq, whilst at this time futures show a rise of 0.26% for the Dow Jones and a fall of 0.11% for the tech index.
MC/MYAL // AYLS
Lusa
