LUSA 11/11/2025

Lusa - Business News - Portugal: Stock market trading higher with Teixeira Duarte climbing 4.40%

Lisbon, Nov. 10, 2025 (Lusa) - The Lisbon stock market was trading higher on Monday, with 13 of the 16 PSI shares rising, led by those of Teixeira Duarte, which rose 4.40% to €0.71.

At around 09:15 in Lisbon, the PSI maintained the trend of the opening and advanced 1.16% to 8,281.12 points, against a new high since January 2010 of 8,484.01 points on 5 November, with 13 shares rising, two falling and one maintaining its price (REN at €3.35).

Teixeira Duarte's shares were followed by those of Mota-Engil, EDP Renováveis and BCP, which also rose, namely by 3.14% to €5.91, 2.30% to €11.99 and 1.92% to €0.78.

More moderately, Galp, CTT and EDP shares rose 1.31% to €17.76, 1.21% to €7.51 and 0.67% to €3.92.

In the same trend, Semapa, Sonae and Navigator shares advanced 0.57% to €17.76, 0.56% to €1.43 and 0.53% to €3.05.

The other three shares that rose were Jerónimo Martins (0.46% to €21.76), Corticeira Amorim (also 0.46% to €6.55) and Altri (0.10% to €4.88).

On the other hand, shares in Ibersol and NOS fell 0.99% to €10.05 and 0.14% to €3.67.

The main European stock markets opened today with significant gains of over 1%, boosted by hopes of an agreement to end the US administration's shutdown, which has become the longest in history.

After closing lower last Friday, the markets of the Old Continent are trying to recover some of what they have lost, driven by gains in futures on the main Wall Street indicators.

And this after the US Senate managed, after 40 days of paralysing the Administration, to approve in a procedural vote the progress of a bill to release funds to reopen the federal government.

The Senate got the 60 votes it needed to move toward a compromise that would allow federal employees and agencies to be paid, after eight Democratic senators broke their party's discipline to extend the budget until 30 January.

Today the only noteworthy publication is that of the Centre for European Economic Research (ZEW) on Germany's investor confidence index for November.

Brent, the benchmark crude oil in Europe for delivery in January 2026, is advancing to $64.14, up from $63.63 on Friday.

The euro was stronger at $1.1576 on the Frankfurt exchange, compared to $1.1566 on Friday and the new four-year high of $1.1865 seen on 16 September.

MC/ADB // ADB.

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