Lisbon, May 9, 2025 (Lusa) - The Lisbon stock market closed the last session of the week in the red, breaking a cycle of four consecutive rises in which the PSI index touched June 2014 highs, penalised by CTT's 11.9% fall.

The main benchmark index of the Portuguese stock market (the PSI) fell 0.52% to 6,988.05 points, after recording four sessions of gains, with the last session, on Thursday, seeing the PSI gain 0.04% to 7,024.31 points, touching almost 11-year highs.

Of the 15 PSI shares, nine closed today's session in positive territory, but it wasn't enough to offset the losses of six companies, with CTT sinking 11.92% to €6.80.

This fall comes after it was announced on Thursday that CTT's consolidated profits attributable to shareholders fell by 25.9% to €5.5 million in the first quarter of this year.

Also falling were REN, which lost 4.23% to €2.71, Navigator, which fell 1.84% to €3.30 and Jerónimo Martins, which fell 1.15% to €22.32.

BCP was also in negative territory, falling 1.01% to €0.59.

Leading the gains was EDP, which presented results today which showed that the electricity company closed the first quarter with profits of €428 million, an increase of 21% on the same period last year.

The company's shares rose 2.26% to €3.26, while subsidiary EDP Renováveis gained 1.60% to €8.23.

Also in positive territory were civil engineering company Mota-Engil, which advanced 1.84% to €3.99, Nos, which added 1.39% to €3.66 and Galp, which rose 1.31% to €13.93.

In Europe, the day was positive, with the main benchmark indices closing in the green. The Paris stock market gained 0.64%, Frankfurt added 0.59% and Madrid 0.40%.

MES/AYLS // AYLS

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