Lisbon, June 25, 2026 (Lusa) - The Lisbon stock market reversed its opening trend on Thursday morning and is trading higher, with Teixeira Duarte leading the gains, rising 3.88% to €0.54.
At around 9:35 in Lisbon, the benchmark PSI (Portuguese Stock Index) was up 0.86% at 9,133.68 points, with 12 companies rising, three falling and one unchanged (Corticeira Amorim at €6.36).
Teixeira Duarte’s shares were followed by EDP, EDP Renewables and Mota-Engil, which rose by 2.30% to €4.49, 1.73% to €13.52 and 1.49% to €4.76 respectively.
REN, Ibersol and Sonae rose by 1.23% to €3.71, 1.02% to €9.95 and 0.74% to €2.04 respectively.
Navigator and Altri rose by 0.41% to €3.41 and 0.31% to €4.89.
The other three companies that rose were Semapa (up 0.23% to €21.45), CTT and NOS (up 0.17% to €5.90 and up 0.10% to €5.22).
Conversely, BCP, Jerónimo Martins and Galp were down 0.44% to €1.02, 0.11% to €17.48 and 0.08% to €18.33 respectively.
In Europe, the main stock markets opened slightly higher today, with attention focused on the strong gains in Asian markets and Wall Street futures following the good results from technology firm Micron and the fall in oil prices.
The price of Brent crude oil, the European benchmark, for August delivery, was down 1.26% to US$72.81.
European stock markets are keeping a close eye on developments in the technology sector and on negotiations between the US and Iran to end the conflict that began on 28 February. Technical talks are due to resume next week.
The dispute over inspections by the UN nuclear agency at Iranian nuclear facilities threatens to become one of the main obstacles to the negotiations.
The Iranian Revolutionary Guard today warned against the use of “new routes” to cross the Strait of Hormuz without coordination with the Islamic Republic, and threatened action against ships that fail to follow its instructions.
Dow Jones and Nasdaq futures are up 0.12% and 2.25%, respectively.
On Wednesday, at the close of trading in New York, technology firm Micron reported a net profit of US$28.243 million for the third fiscal quarter of 2026, compared with US$1.885 million in the same period the previous year. The company’s shares rose by 10% in after-hours trading.
Asian stock markets rose today, driven by technology shares following Micron’s results: the Tokyo Stock Exchange’s main index, the Nikkei, hit a new all-time high with a rise of 4.61%; the Seoul Stock Exchange’s main index, the Kospi, advanced 5.42%; the Shanghai Stock Market was down 0.23%, the Shenzhen Stock Market was up 1.82% and Hong Kong’s Hang Seng Index was down 1.63% shortly before the close of trading.
The euro was trading steady at US$1.1358 on the Frankfurt foreign exchange market.
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