Lisbon, Sept. 26, 2025 (Lusa) - The Lisbon stock exchange was trading higher on Friday morning, with Ibersol shares up 1.20% to €10.10 and Teixeira Duarte shares down 2.82% to €0.55.
At around 9.30 a.m. in Lisbon, the PSI, which has 16 companies since Monday, maintained the opening trend and rose 0.15% to 7,926.47 points, with 11 shares rising and four falling.
Ibersol's shares were followed by those of Semapa and Mota-Engil, which both rose 0.99% to €18.38 and €5.11, respectively.
More moderately, shares in BCP, NOS and Sonae rose 0.95 % to €0.74, 0.79 % to €3.84 and 0.46 % to €1.32.
Shares in Corticeira Amorim, Navigator and Galp also rose, namely 0.42% to €7.24, 0.25% to €3.27 and 0.22% to €16.63.
In the same trend, Altri, EDP Renováveis and REN shares advanced 0.21% to €5.11, 0.18% to €11.34 and 0.17% to €2.95.
On the other hand, in addition to Teixeira Duarte's shares, Jerónimo Martins (-0.59% to €20.36), EDP (-0.18% to €3.99) and CTT (-0.14% to €7.28) fell.
The main European stock markets opened higher today, with interest centered on the August PCE (Personal Consumption Expenditures Price Index) in the US.
Investors are focusing today on the August reading of the US Personal Consumption Expenditures Price Index (PCE), the price variable that the Federal Reserve (Fed) uses to make projections and to design monetary policy.
The year-on-year growth rate of the PCE is expected to have recovered slightly in August from July's level.
Similarly, the markets are once again paying special attention to Trump's tariff policy following his announcement to impose new tariffs from 21 October: 100% on pharmaceutical drugs.
The US government has published an official notification regarding the implementation of the trade agreement with the European Union (EU), reached in July. This document confirms that the 15% tariffs on imports of cars and components will apply retroactively from August 1.
Stock market futures on Wall Street, following the falls recorded on Thursday, indicate slight rises of 0.21% for the Dow Jones and 0.10% for the Nasdaq.
Brent, Europe's benchmark crude oil for delivery in November, is rising to $69.57, up from $69.42 on Thursday.
The euro was stronger, at $1.1676 on the Frankfurt exchange, compared to $1.1671 on Thursday and a new four-year high of $1.1865, seen on 16 September.
MC/ADB // ADB.
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