Lisbon, Sept. 14, 2026 (Lusa) - The Lisbon stock market was trading lower on Monday morning, with EDP Renováveis down 2.69% to €12.67.
At around 9:30 a.m. in Lisbon, the PSI was down 0.37% to 9,489.27 points, with eight companies falling, seven rising and one unchanged (Semapa at €20.60).
EDP Renováveis' shares were followed by those of EDP, Mota-Engil and Ibersol, which fell by 1.52% to €4.72, 0.64% to €4.94 and 0.38% to €10.38, respectively.
REN, Altri and Jerónimo Martins fell by 0.29% to €3.48, 0.21% to €4.70 and 0.17% to €17.89 respectively.
Conversely, NOS, Sonae and Galp rose by 1.52% to €5.34, 1% to €2.03 and 0.84% to €21.68.
Navigator and Corticeira Amorim gained 0.43% to €3.25 and 0.29% to €7.03.
The other three shares that rose were those of BCP (up 0.17% to €1.19), Teixeira Duarte (up 0.10% to €0.49) and CTT (up 0.08% to €6.32).
In Europe, the main stock markets opened lower today amid rising tensions between Tehran and the US, which are driving up oil prices, as central banks in the US, the UK and Japan meet this week.
The euro was weaker against the dollar, down 0.43% to $1.1549 on the Frankfurt foreign exchange market.
Uncertainty remains over the future of shipping through the Strait of Hormuz after the Iranian and Omani authorities cancelled today's meeting in Muscat with the Gulf Cooperation Council countries to address the issue, without setting a new date.
This is triggering further rises in oil prices after they closed lower last Friday, ending five consecutive sessions of gains.
The price of the benchmark Brent crude oil contract in Europe rose 2.76% to $107.60, after reaching $108.49 in the early hours of this morning.
In a week in which three central banks, those of the United States, the United Kingdom and Japan, are holding meetings to decide on their monetary policies following the European Central Bank's (ECB) quarter-point rate rise last week, and in which inflation figures for the eurozone and several European countries are due to be released, Wall Street futures are pointing to falls of 0.14% for the Dow Jones and 1.5% for the Nasdaq.
The Fed's monetary policy meeting is taking place on 15 and 16 September, and there are doubts whether it will keep key interest rates in the 3.50%-3.75% range or raise them; this will be followed by meetings of the Bank of England on Thursday and the Bank of Japan.
Investors will also be watching the debate over artificial intelligence (AI) regulation, while US President Donald Trump has described those calling for stricter regulations as ‘negative forces' and argued that he wants to maintain the US's lead over China in this area.
The debate surrounding AI has also triggered falls in Asian stock markets.
With the steady rise in oil prices and the ECB's increase in key interest rates, yields on 10-year German government bonds have risen to 3.528%, an all-time high.
Similarly, yields on 10-year US Treasury bonds continue to rise, reaching 4.962%, the highest level since October 2023.
MC/ADB // ADB.
Lusa
