Lisbon, Oct. 8, 2025 (Lusa) - The Lisbon stock market maintained its opening trend and traded higher on Wednesday morning, with BCP leading the gains by rising 1.71% to €0.76 per share.
At around 09:45 in Lisbon, the PSI, which has 16 companies since 22 September, maintained the opening trend and rose 0.55% to 8,160.90 points, with 13 shares rising, one falling (CTT, -0.84% to €7.10) and two remaining unchanged (Corticeira Amorim at €7.20 and Ibersol at €10.1).
On Monday, the session ended with the PSI at 8,178.21 points, a new high since February 2011.
BCP shares were followed by Altri, EDP Renováveis and Mota-Engil, which advanced 1.36% to €4.84, 1.13% to €12.48 and 0.73% to €5.52, respectively.
Shares in Semapa, REN, Sonae, and EDP also rose, by 0.55% to €18.40, 0.49% to €3.05, 0.44% to €1.36, and 0.39% to €4.12, respectively.
Teixeira Duarte and Jerónimo Martins shares rose 0.36% to €0.55 and 0.19% to €20.82, while NOS and Navigator both advanced 0.13% to €3.79 and €3.11.
The other shares that rose were those of Galp, up 0.05% to €16.99.
The main European stock markets opened cautiously today, slightly up, with gold registering a new high, surpassing $4,000 per ounce, and closely monitoring the political situations in France and the USA.
The price of gold, historically considered a safe-haven asset in times of uncertainty, surpassed $4,000 per ounce for the first time in its history last night and revalidated those highs at the opening of the market.
The markets are keeping a close eye on the situation in France, where the deadline given on Monday by French President Emmanuel Macron to the incumbent prime minister, Sébastien Lecornu, to negotiate ‘a platform for action’ that will provide stability to get the country out of its political deadlock, ends today.
Meanwhile, the market is also on the lookout for new updates on the US government shutdown, which, despite everything, doesn't seem to have affected the markets much, either in Europe or in the US, whose main stock exchange closed Tuesday with moderate falls after reaching all-time highs in recent days.
Stock market futures on Wall Street anticipate slight rises of 0.06% for the Dow Jones and 0.04% for the Nasdaq.
Today, the minutes of the meeting held by the US central bank's Federal Open Market Committee (FOMC) in September will be released. Following the US Federal Reserve's (Fed) decision to lower benchmark interest rates by 25 basis points to between 4.00% and 4.25%, the minutes will be made public.
Investors take it for granted that the Fed will cut rates two more times by the end of the year, something they hope the minutes will confirm.
Brent, Europe's benchmark crude oil for December delivery, is rising to $66.06, up from $65.45 on Tuesday.
The euro was weaker at $1.1626 on the Frankfurt exchange, down from $1.1676 on Tuesday and a new four-year high of $1.1865 on 16 September.
MC/ADB // ADB.
Lusa
