Lisbon, June 15, 2026 (Lusa) - The Lisbon stock market reversed its opening trend on Monday and was trading lower, in contrast to other European markets, with Galp falling 4.08% to €18.34.
At around 09:15 in Lisbon, the PSI was down 0.55% at 9,043.37 points, with seven companies falling and nine rising.
The oil company’s shares were followed by those of Semapa and EDP, which both fell 1.46% to €23.60 and €4.40 respectively.
REN, EDP Renováveis and NOS fell by 0.99% to €3.51, 0.95% to €13.50 and 0.93% to €5.35, respectively.
Sonae fell by 0.61% to €1.97.
In contrast, Ibersol and Mota-Engil rose by more than 3.4%, gaining 3.45% to €10.78 and 3.43% to €4.95, respectively.
Also on the rise were Teixeira Duarte, CTT and BCP, which advanced 2.90% to €0.48, 2.67% to €6.15 and 1.77% to €0.97.
Corticeira Amorim and Navigator rose by 0.91% to €6.63 and 0.45% to €3.57, respectively.
The other two shares rising in price were Altri (0.40% to €5.05) and Jerónimo Martins (0.17% to €17.79).
In Europe, the main stock exchanges opened higher on Monday by more than 1.4%, while oil prices fell by more than 5% after US President Donald Trump announced a peace deal with Iran.
The optimistic outlook has caused the price of Brent crude, the European benchmark, for August delivery, to fall by 5.07% to $82.90.
Dow Jones and Nasdaq futures are up 1.01% and 1.99%, respectively, after the former closed up 0.70% and the latter up 0.31% on Friday.
US President Donald Trump is travelling to France today to attend the G7 leaders’ summit, having announced an agreement with Iran to end the conflict and reopen the Strait of Hormuz.
The G7 summit in the French town of Évian, on the border with Switzerland, will be the first meeting between the leaders of the United States, Germany, France, the United Kingdom, Italy, Canada and Japan since the start of the war with Iran, which has caused serious disruption to the global oil market.
Trump will attempt to finalise the details of the agreement with Iran, although neither Israeli Prime Minister Benjamin Netanyahu nor Saudi Crown Prince Mohammed bin Salman are expected to attend.
The agreement aims to end the conflict that began following the US and Israeli offensive against the Islamic Republic on 28 February, which will allow for the immediate reopening of the Strait of Hormuz, a key route for oil trade.
Highlights on the day’s agenda include April’s industrial production figures for the eurozone, whilst in the US the week is marked by the US Federal Reserve’s (Fed) monetary policy meeting, which begins on Tuesday and ends on Wednesday, and at which key interest rates are expected to remain in the range of 3.5% to 3.75%.
The euro was stronger, climbing 0.34% to $1.1607 on the Frankfurt foreign exchange market.
MC/ADB // ADB.
Lusa
