Lisbon, June 8, 2026 (Lusa) - The Lisbon stock market extended its gradual decline from the opening today, with Mota-Engil falling 1.89% to €4.46.
At around 9:25 a.m. in Lisbon, the PSI stood at 8,922.10 points, with 10 companies falling, five rising and one remaining unchanged, Corticeira Amorim at €6.47.
On Friday, authorities announced that the Takeover Bid launched by Visabeira for 14.41% of Martifer’s share capital had missed its target, buying only 0.24% of the company.
Since 18 May, the date the offer began, Visabeira has purchased 239,263 Martifer shares, or 0.024%, through the stock exchange centralisation service.
The aim of the offer was to acquire 14,412,198 shares, corresponding to 14.41% of Martifer’s share capital.
Previously, the shares held by Visabeira, Mota-Engil and Sociedade IM, which have a tripartite shareholders’ agreement in this regard, amounted to 85.59% of the share capital. They now hold 85.83%.
Martifer, which is not part of the PSI, was up 3.04% to €2.37 per share.
On the PSI, Mota-Engil’s shares were followed by those of Ibersol, CTT and Jerónimo Martins, which fell by 1.17% to €10.10, 1.01% to €5.88 and 0.85% to €17.57, respectively.
Teixeira Duarte, BCP and Sonae were also down, falling by 0.84% to €0.41, 0.54% to €0.92 and 0.53% to €1.88, respectively.
The other three companies whose share prices fell were Semapa (-0.43% to €23), EDP Renováveis (-0.36% to €13.98) and EDP (-0.18% to €4.41).
Conversely, Galp rose by 1.04% to €19.46, as did NOS and REN, which gained 0.81% to €5.00 and 0.72% to €3.47, respectively.
Following the same trend, Altri and Navigator rose by 0.51% to €4.91 and 0.35% to €3.40, respectively.
In Europe, the main European stock markets opened lower on Monday, affected by the nearly 5% rise in oil prices following the cross-border attacks between Israel and Iran and the significant fall on Wall Street on Friday.
The price of Brent crude, the European benchmark, for August delivery, rose 4.98% to $97.73.
Natural gas for July delivery on the Dutch TFF market, the European benchmark, rose 4.94% to €50.90 per megawatt-hour (MWh).
Iran launched ballistic missiles at Israel on Sunday in response to Israel’s intervention in Lebanon, and Israel subsequently bombed a petrochemical facility in south-western Iran and other targets.
IG analyst Sergio Ávila, quoted by Efe, said that under these conditions, “geopolitical tension is affecting European and Asian stock markets and reigniting fears of an escalation with a direct impact on energy and global risk”.
Stock markets were also affected by Friday’s Wall Street market slump, when the Nasdaq technology index fell 4.18%, its worst daily performance since April last year.
This decline reflected anticipation of interest rate rises in the US following strong US employment data for May (when 172,000 jobs were created), the rise in sovereign debt yields, which exceeded 4.5%, and concerns about the artificial intelligence sector should the cost of capital increase.
The euro remained stable, rising 0.02% to $1.1524 on the Frankfurt foreign exchange market.
MC/ADB // ADB.
Lusa
