Lisbon, May 22, 2026 (Lusa) – The Lisbon stock market was trading higher on Friday, with Ibersol leading the gains by rising 1.73% to €11.78, while Corticeira Amorim fell 5.16% to €6.61.
The PSI (Portuguese Stock Index) maintained its opening trend around 9:05 a.m. in Lisbon, rising 0.17% to 9,243.87 points, with 12 companies gaining and four losing value.
Sonae, Altri, and NOS followed Ibersol's shares, appreciating 1.17% to €1.91, 0.77% to €5.22, and 0.75% to €5.34, respectively.
Altri announced on Thursday a loss of €7.3 million for the first quarter, compared to a profit of €7.6 million recorded in the same period last year.
Jerónimo Martins, EDP, and Navigator climbed more moderately, gaining 0.58% to €18.94, 0.56% to €4.49, and 0.53% to €3.42.
EDP Renováveis, Teixeira Duarte, and BCP rose 0.35% to €14.51, 0.24% to €0.42, and 0.10% to €0.96.
Shares in both Mota-Engil and CTT rose 0.08%, to €4.75 and €6.33, respectively.
Conversely, besides Corticeira Amorim, Semapa, Galp, and REN dropped 0.86% to €23.00, 0.56% to €19.59, and 0.14% to €3.61.
Major European stock markets opened higher on Friday despite the lack of an agreement regarding Iran, while oil prices rose again.
Brent Crude, the European benchmark for July delivery, increased 2.37% to $105.01 as negotiations between Washington and Tehran stalled.
The euro was weaker, dropping 0.15% to US$1.1602 on the Frankfurt foreign exchange market.
The market prepares to receive new updates on the conflict-ending negotiations between the US and Iran during this final session of the week. This follows a volatile trading session on Thursday that pushed all European stock markets, except London, into negative territory.
Iran's unrestricted reopening of the Strait of Hormuz, without charging transit fees to vessels, and the Iranian nuclear programme remain the main obstacles to reaching an agreement.
Friday's macroeconomic agenda features several key data releases, including April retail sales in the UK, preliminary June consumer confidence indices for Germany, and May indices for the UK.
Germany's business climate indices, prepared by the Institute for Economic Research (IFO), and the final May reading of the University of Michigan consumer sentiment index in the US will also be published.
Additionally, US President Donald Trump will lead the swearing-in ceremony at the White House for his nominee, Kevin Warsh, to assume the chairmanship of the US Federal Reserve (Fed) on Friday.
Dow Jones and Nasdaq futures point to gains of 0.22% and 0.32%, respectively, at the same hour in Lisbon.
MC/RYOL // ADB.
Lusa
