Lisbon, Oct. 2, 2024 (Lusa) - The Lisbon stock market was trading higher on Wednesday morning, with Galp shares up 1.86% to €17.25 and EDP Renováveis down 1.28% at €15.39.
At around 9.30 a.m. in Lisbon, the benchmark PSI (Portugal Stock Index) was maintaining its opening trend and was up 0.13% to 6,747.16 points, with six of its constituent shares up, seven down and three unchanged form Tuesday's close (Altri at €5.05, Ibersol at 7.24 and REN at €2.41).
Galp's shares were followed by those of BCP, Navigator and Mota-Engil, which rose 0.98% to €0.39, 0.87% to €3.73 and 0.65% to €2.48.
In the same trend, shares in Greenvolt and Jerónimo Martins rose 0.30% to €8.32 and 0.11% to €17.77.
In the opposite direction, following EDP Renováveis, were CTT, NOS and EDP shares, which fell 0.58% to €4.32, 0.55% to €3.63 and 0.44% to €4.07.
Shares in Corticeira Amorim, Sonae and Semapa were down 0.23% to €8.83, 0.21% to €0.95 and 0.14% to €14.40.
The main European stock markets were up today, on a day when attention continues to be centred on the conflict in the Middle East and, once again, on the US employment data for September, with the ADP National Employment Report on the private-sector labour market.
The Tokyo stock exchange closed earlier with its main indicator, the Nikkei, down 2.18%, dragged down by rising tensions in the Middle East after Iran attacked Israel with around 200 missiles in response to the Jewish state's offensive against Lebanon.
As for the rest of the week, the markets will not be able to count on the Chinese stock markets, which will remain closed until next Monday on the occasion of the country's national day.
On Tuesday, Wall Street had closed in the red, starting October on a negative note related to fears of a regional war in the Middle East and its consequences on the markets following Iran's attack on Israel.
As for oil, while awaiting news from the OPEC+ alliance, led by Saudi Arabia and Russia, which was due to hold a telematic meeting of its market monitoring committee (JMMC) on Wednesday to analyse whether to start increasing production from December, the price of Brent crude oil - the benchmark in Europe - rose 1.98% with the price per barrel at $75.08. The US benchmark price, for West Texas Intermediate (WTI), rose 2.25% to $71.40.
Gold fell 0.36%, with the price per ounce at $2.653.
Bitcoin, the most popular cryptocurrency on the market, rose 1.42% to $61.648.
At the exchange rate, the euro opened stronger on the Frankfurt exchange, at $1.1069 compared to $1.1054 on Tuesday.
MC/ARO // ARO.
Lusa
