Lisbon, July 9, 2026 (Lusa) - The Lisbon stock market was trading higher on Thursday morning, with BCP leading the gains, rising 1.61% to €1.04, whilst Teixeira Duarte fell 1% to €0.50.
At around 9.40 am in Lisbon, the benchmark PSI (Portuguese Stock Index) was up 0.27% to 9,109.35 points, with 11 companies rising and five falling.
BCP’s shares were followed by those of CTT, Sonae and Jerónimo Martins, which rose by 0.95% to €5.82, 0.72% to €2.09 and 0.56% to €16.27 respectively.
Ibersol, Semapa and Altri also rose, by 0.53% to €9.49, 0.49% to €20.50 and 0.42% to €4.78 respectively.
Navigator and Mota-Engil rose by 0.37% to €3.29 and 0.31% to €4.56, whilst the other two companies seeing gains were Corticeira Amorim (up 0.16% to €6.33) and EDP Renewables (up 0.07% to €13.77).
In contrast, alongside Teixeira Duarte, NOS and REN fell by 0.70% to €4.84 and 0.40% to €3.74 respectively.
EDP and Galp also fell, by 0.27% to €4.47 and 0.05% to €19.74.
In Europe, the main stock markets opened higher today, following Wednesday’s significant falls, amid the prospect of a new agreement to bring about peace in Iran. Markets are buoyant after Tehran reached out to Washington to secure a new peace deal after US President Donald Trump had declared that the truce between the two sides had ended.
The euro is stronger, rising by 0.21% to $1.143 on the Frankfurt foreign exchange market.
US futures, which on Wednesday closed with the Nasdaq up 0.20% and the Dow Jones down 1.09%, are up 0.64% and 0.16% respectively.
Following Wednesday’s sharp rise in oil prices – with Brent climbing more than 6% to reach $80 per barrel after Trump’s breakdown of the truce with Iran – the prospect of renewed negotiations has caused Brent to fall by 0.90% to $77.32.
Investors are reacting in this session to the publication of the US Federal Reserve (Fed) minutes from its last meeting in June, when interest rates were kept between 3.50% and 3.75%.
The minutes highlighted internal divisions amongst members, as nine central bank officials considered the possibility of a rate rise in 2026 during that meeting.
Today’s key economic indicators include new claims for unemployment benefit in the US and existing home sales in that country.
MC/AYLS // AYLS
Lusa
