Lisbon, May 15, 2026 (Lusa) - The Lisbon stock market was trading slightly higher on Friday morning, with Jeronimo Martins leading the gains and rising 2.73% to €18.84. At around 9.30 a.m. in Lisbon, the PSI (Portuguese Stock Index) maintained its opening trend and was up 0.02% at 9,126.04 points, with five companies rising, 10 falling and one unchanged (Ibersol at €11.74). Following Jerónimo Martins, Sonae and Semapa shares rose 1.58% to €1.93 and 0.87% to €23.30.
Galp and Altri also gained ground, rising 0.83% to €19.51 and 0.20% to €5.08, respectively.
In the opposite direction, Mota-Engil, CTT and EDP Renováveis fell by 1.48% to €4.79, 0.86% to €6.36 and 0.78% to €14.05, respectively.
More modestly, BCP, EDP and REN fell by 0.75% to €0.93, 0.70% to €4.37 and 0.42% to €3.57.
Teixeira Duarte and NOS fell by 0.24% to €0.42 and 0.19% to €5.29. The other two companies that lost value were Corticeira Amorim (-0.14% to €7.05) and Navigator (-0.12% to €3.41).
The main European stock markets opened lower on Friday morning, dragged down by the negative trend in Asia, whilst the price of Brent Crude rose again, above $107 a barrel.
The euro was weaker, falling 0.21% to $1.1644 on the Frankfurt foreign stock market.
At the same time, Dow Jones and Nasdaq futures pointed to declines of 0.35% and 0.95%, respectively.
In Asia, South Korea’s Kospi, which plunged 6.12%, dragged down the European stock markets on Friday morning.
On Friday, US President Donald Trump concluded his official visit to China.
According to the state-run Xinhua news agency, Trump said the visit was very successful and unforgettable, and that they had reached a series of important agreements, secured multiple deals, and resolved a few problems.
“Relations between the US and China are very important and will undoubtedly continue to improve,” Trump said, adding that he wishes to maintain sincere and deep communication with Xi, whom he hopes to welcome to Washington.
Xi, according to Xinhua, described the visit as historic and a landmark, saying that both leaders had set a new direction for bilateral ties with a “constructive China-US strategic partnership”.
According to Beijing, Trump and Xi called for keeping the door to dialogue open regarding Iran and reopening the Strait of Hormuz as quickly as possible.
The discussions also covered trade, Taiwan, technology, Iran, Ukraine, the Korean peninsula, and Chinese market access for US companies, amongst other topics.
Against this backdrop, with no progress in negotiations between Washington and Tehran, the price of Brent Crude Oil, the European benchmark, for July delivery, rose by 1.74% to $107.58.
There will be no macroeconomic data or significant results released on Friday.
MC/MYAL // ADB.
Lusa
