LUSA 12/03/2025

Lusa - Business News - Portugal: Stock market trading higher on Tuesday morning with BCP up 2%

Lisbon, Dec. 2, 2025 (Lusa) - The Lisbon stock market is holding its opening trend on Tuesday morning and trading higher, with nine of the 16 PSI stocks rising, led by BCP, which is up 2.11% to €0.83.

At around 9:10 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) was up 0.71% to 8,164.05 points, against a new high since January 2010 of 8,484.01 points recorded on 5 November, with nine stocks rising, four falling and three maintaining their prices (Corticeira Amorim at €6.62, Galp at €17.37 and Sonae at €1.53).

BCP shares were followed by EDP Renováveis, EDP and Mota-Engil, which were also rising, by 1.57% to €11.62, 1.18% to €3.86 and 0.43% to €4.66.

Following the same trend, NOS, Teixeira Duarte and CTT shares were up 0.41% to €3.69, 0.30% to €0.68 and 0.28% to €7.12.

The other two shares on the rise were Semapa (+0.12% to €16.72) and Navigator (+0.07% to €3.03).

In the opposite direction, Altri, Ibersol and REN shares were falling 0.77% to €4.49, 0.50% to €10.05 and 0.15% to €3.31.

Jerónimo Martins shares were falling 0.10% to €20.54.

The main European stock markets opened higher today, in a session where interest is focused on the preliminary estimate of eurozone inflation in November.

Markets are watching inflation in the eurozone closely after the fall in energy prices in October allowed the year-on-year rate to drop to 2.1%, once again approaching the European Central Bank (ECB) target of 2%.

Wall Street closed in the red on Monday, on a down day marked by poor performance in cryptocurrencies and a 6% drop in bitcoin, which fell below US$86,000, although at this time, with a 0.72% rise, it has already recovered the US$87,000 barrier.

The Venezuelan government has denounced the OPEC+ alliance, led by Saudi Arabia and Russia, and the International Civil Aviation Organisation (ICAO) for what it called "intimidation" by the United States, which, it warned, aims to take over the South American country's oil reserves.

Futures on the New York stock market are down, with the Nasdaq falling 0.11% and the Dow Jones falling 0.06%.

Brent, the benchmark crude oil in Europe, for delivery in February 2026, is retreating to US$63.16, compared to US$63.17 in the previous session.

The euro is weaker, falling to US$1.1615 on the Frankfurt foreign exchange market, compared to US$1.1621 on Monday and the new four-year high of US$1.1865 recorded on 16 September.

 

 

 

 

MC/AYLS // AYLS

Lusa