Lisbon, June 1, 2026 (Lusa) - The Lisbon stock market was trading lower on Monday, with BCP down 2.63% to €0.95 and EDP Renováveis up 1.06% to €14.32.
At around 09:20 in Lisbon, the PSI (Portuguese Stock Index) maintained its opening trend and was down 0.12% to 9,065.57 points, with seven companies falling, seven rising, and two remaining unchanged (Altri at €4.95 and Sonae at €1.91).
BCP shares were followed by those of Ibersol, Semapa and Teixeira Duarte, which fell by 0.85% to €11.70, 0.63% to €23.60 and 0.35% to €0.43, respectively.
Jerónimo Martins, NOS and CTT fell by 0.28% to €18.11, 0.19% to €5.26 and 0.08% to €6.06.
In contrast, alongside EDP Renováveis, Mota-Engil, EDP and Galp rose by 0.84% to €4.79, 0.73% to €4.40 and 0.59% to €18.75.
Following the same trend, Corticeira Amorim, Navigator and REN rose 0.31% to €6.56, 0.24% to €3.41 and 0.14% to €3.55.
In Europe, the main stock markets started June on a mixed note amid uncertainty over the Iran peace deal and the reopening of the Strait of Hormuz, with tit-for-tat attacks between Washington and Tehran driving up oil prices.
The price of Brent crude, the European benchmark, for August delivery rose by 3.05% to $93.90.
Dow Jones and Nasdaq futures are up by 0.08% and 0.58%, respectively.
US President Donald Trump emphasised on Sunday that his proposal for a peace plan with Iran includes detailed clauses on the Iranian nuclear programme, a statement that comes after US media reported that the president had asked to amend certain provisions of the draft on which Washington and Tehran have been working for weeks.
Meanwhile, the crossfire between the two countries continues. The US announced on Monday that it had launched several attacks against Iran over the weekend in response to “aggressive actions", including the downing of a drone in international waters, whilst negotiations between the parties to end the conflict continue.
Trump’s meeting with his team last Friday ended without an announcement, and the US returned the draft to Iran with amendments.
Although negotiations continue, so too do the frictions and the difficulty in reaching an agreement on the full opening of the Strait of Hormuz, the handover or destruction of enriched uranium, and the end of the nuclear programme.
The euro was stable, rising 0.02% to $1.1661 on the Frankfurt foreign exchange market.
MC/ADB // ADB.
Lusa
