LUSA 04/16/2025

Lusa - Business News - Portugal: Lisbon stocks close higher; index up 1.9% with Europe as BCP up 5%

Lisbon, April 15, 2025 (Lusa) - The Lisbon stock market closed higher on Tuesday, gaining 1.87% to 6,706.09 points, boosted by the performance of shares in BCP and Mota-Engil and following the trend of major European stock indices. Of the 15 listed companies in Lisbon's benchmark PSI index, 11 rose and four fell, in a session in which several shares rose by more than 2%. Leading the risers was BCP, which gained 5.10% to €0.57, followed by Mota-Engil, which advanced 4.77% to €3.51 and Galp, which rose 3.97% to €13.23. Also up were CTT (3.79% to €7.12), EDP (3.02% to €3.18), EDP Renováveis (2.37% to €7.56), Semapa (1.09% to €15.57), REN (1.09% to €2.79), Altri (1.02% to €6.14), Jerónimo Martins (0.59% to €20.46) and Navigator (0.56% to €3.24). The losers were led by NOS, which lost 3.76% to €4.10, followed by Ibersol, which fell 1.60% to €8.62. Sonae and Corticeira Amorim fell 0.97% ( €1.02) and 0.27% ( €7.41), respectively. In the day's session, the main European markets also closed in the green, with London gaining 1.41%, Paris 0.86%, Frankfurt 1.43%, Madrid 2.14% and Milan 2.39%. The markets are positive after US President Donald Trump announced tariff exemptions on smartphones and computer monitors on Sunday - although in the last few hours it has emerged that the Trump administration has launched national security investigations into imports of chips and pharmaceuticals and these, according to US media, are expected to be used to impose new tariffs on these products. ALN/ARO // ARO. Lusa