Lisbon, Oct. 24, 2025 (Lusa) - The Lisbon stock exchange was trading lower on Friday morning, with shares in EDP Renováveis and EDP falling 1.58% to €13.11 and 1.27% to €4.36.
At around 09:40 in Lisbon, the PSI continued the trend of the opening and was down 0.41% to 8,319.96 points, with 11 shares falling and five rising.
The PSI on16 October was at a new high since 16 April 2010, at 8,340.83 points.
Shares in the two EDP companies were followed by those in Semapa, REN and Ibersol, which also fell, namely 1.21% to €17.92, 0.96% to €3.10 and 0.90% to €9.96.
Navigator shares fell 0.72% to €3.05, while NOS and Jerónimo Martins both fell 0.40% to €3.72 and €20.16.
Shares in Teixeira Duarte, Mota-Engil and CTT were also down 0.30% to €0.67, 0.17% to €5.87 and 0.14% to €7.16.
Conversely, shares in Corticeira Amorim, Altri and Galp rose 0.82% to €7.36, 0.60% to €5.05 and 0.41% to €16.98.
The other two shares to rise were Sonae (+0.28% to €1.43) and BCP (+0.13% to €0.76).
The main European stock markets opened lower today, on the day that US inflation figures will be released, which are more than a week late due to the shutdown of the US federal government.
The US Bureau of Labour Statistics is releasing its September inflation figures today, after August's rise of two tenths to 2.9% due to the White House's tariff policy.
After the Wall Street stock market ended Thursday higher due to the appreciation of technology stocks, futures are now up 0.22% on the Dow Jones and 0.45% on the Nasdaq.
In Asia, the stock markets closed higher.
The International Monetary Fund (IMF) estimates that Asia-Pacific economies will grow by 4.5% in 2025, an improvement of 0.6 percentage points on the previous forecast, although it warns of the risks posed by US tariffs and increased protectionism to the region's exports.
In the case of China, the IMF revised its 2025 growth forecast upwards by 0.8 percentage points to 4.8%.
At a time of tension between the world's two largest economies, a meeting is scheduled between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng.
Meanwhile, China has announced that it will expand market access in sensitive sectors and will not ask for new preferential agreements at the World Trade Organisation (WTO).
The price of gold, historically considered a safe-haven asset in times of uncertainty, was down 0.92% today, trading at $4,095.04, after reaching a new all-time high of $4,347.86 on 20 October.
Meanwhile, Brent, the benchmark crude oil in Europe for December delivery, is falling to $65.55, down from $65.99 on Thursday, when it rose more than 5% amid fears of a supply shortage triggered by US sanctions against Russian oil companies Rosneft and Lukoil.
The euro advanced to $1.1610 on the Frankfurt exchange market, compared to $1.1607 on Thursday and the new four-year high of $1.1865 seen on 16 September.
MC/ADB // ADB.
Lusa
